Kentucky's Glenwood Properties buys Tuffy Auto Center and Dairy Queen


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  • | 10:00 a.m. June 27, 2014
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  • Tampa Bay-Lakeland
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BUYER: Monticello Properties LLC (principal: Jack Sheidler), Bowling Green, Ky.
SELLER: J&J Wesley Chapel LLC
PROPERTY: 27329 Wesley Chapel Blvd., Wesley Chapel
PRICE: $2.35 million
PREVIOUS PRICE: $1.84 million, February 2006
LAW FIRM ON DEED: Gunster Yoakley & Stewart PA, Tampa

PLANS, DESCRIPTION:
An affiliate of Bowling Green, Ky.-based Glenwood Properties purchased a Tuffy Auto Center and Dairy Queen for $2.35 million.

The price equated to $449 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.
Rafeal Wright and Jonathan Graber of Franklin Street represented the seller, an Illinois limited liability company, and Franklin Street also handled the buyer.

 

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