Downtowner Car Wash owners buy The Towers office building

BUYER: 1003 Del Prado Enterprises LLC (principals: Jay and Michelle Montpetit), Bayport, Minn.
SELLER: Fifth Third Bank
PROPERTY: 1003 Del Prado Blvd. S., Cape Coral
PRICE: $1.05 million
PREVIOUS PRICE: $1.28 million, May 2002
LAW FIRM ON DEED: Zimmerman Kiser Sutcliffe PA, Orlando

PLANS, DESCRIPTION: Jay and Michelle Montpetit, Cape Coral residents and owners of the Downtowner Car Wash, purchased the 17,061-square-foot The Towers office building for $1.05 million.

The price equated to $62 per square foot. That figure is less than the two-year average price per square foot for office space ($120) in Southwest Florida, according to the CoStar Group.