Tampa investor buys Verizon Wireless-leased building

BUYER: Lithia VZ LLC (manager: Myles O'Connor), Tampa
SELLER: 3300 Lithia LLC
PROPERTY: 3330 Lithia Pinecrest Road, Valrico
PRICE: $1.94 million
PREVIOUS PRICE: $950,000, April 2012
LAW FIRM ON DEED: Fanelli Law Firm PA, Tampa

PLANS, DESCRIPTION:
Tampa investor Myles O'Connor purchased a 2,400-square-foot freestanding retail building for $1.94 million.

The price equated to $807 per square foot. That figure is higher than the two-year average price per square foot for retail space ($138) in the Tampa Bay area, according to the CoStar Group.