Kansas real estate investor buys Rick Johnson auto retail building

BUYER: 4233 South 31 Street LLC (principal: Kim Swearingen), Elkhart, Kan.
SELLER: Collier RE LLC
PROPERTY: 6505 Dudley Drive, Naples
PRICE: $1.1 million
PREVIOUS PRICE: $1.7 million, March 2009
LAW FIRM ON DEED: Barry S. Yarchin PA, Miami

PLANS, DESCRIPTION: A purchase entity led by Kim Swearingen of Elkhart, Kan., purchased a 5,021-square-foot auto repair building south of Pine Ridge Road for $1.1 million.

The price equated to $219 per square foot. That figure is higher than the two-year average price per square foot for retail space ($140) in Southwest Florida, according to the CoStar Group.