South American Fund buys CVS pharmacy store

By Business Observer Staff
| 10:00 a.m. April 11, 2014
| 0 Free Articles Remaining!

Tampa Bay-Lakeland

BUYER: Holiday LLC (principal: Linda Gossett), Plantation
SELLER: Holiday Sun Properties Ltd LLLP
PROPERTY: 2513 U.S. 19, Holiday
PRICE: $2.61 million
PREVIOUS PRICE: $2.1 million, September 1997

PLANS, DESCRIPTION:
A South American fund purchased a 10,397-square-foot freestanding drugstore for $2.61 million.

The price equated to $251 per square foot. That figure is higher than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.