Classic Car Wash, real estate sells to Estero investors

BUYER: Blue Coast Properties LLC (principals: Fatih Akbulut and Isan Mamati), Estero
SELLER: Classic Car Wash Inc.
PROPERTY: 10000 Arcos Ave., Estero
PRICE: $2.2 million
PREVIOUS PRICE: $925,000, February
LAW FIRM ON DEED: Kevin F. Jursinski PA, Fort Myers

PLANS, DESCRIPTION:
A company owned by Fatih Akbulut and Isan Mamati of Estero purchased the 8,600-square-foot real estate of Classic Car Wash for $2.2 million.

The price equated to $256 per square foot. That figure is higher than the two-year average price per square foot for retail space ($150) in Southwest Florida, according to the CoStar Group. The car wash property features four office spaces and sits on a 1.5-acre parcel.