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Apopka Shopping Center Sold For $12M

ORLANDO-Apopka Regional Center LLC, a private investor group from Garden City, NJ, pays Zapolski & Rudd $70.18 per sf for the 17-year-old, 171,000-sf property in suburban Apopka, FL, 15 miles northwest of Downtown Orlando.

By Alex Finkelstein | Updated on July 03, 2003

ORLANDO-The 17-year-old, 171,000-sf Apopka Regional Shopping Center in suburban Apopka, FL is under new ownership today. Apopka Regional Center LLC from Garden City, NJ, paid Zapolski & Rudd $12 million, or $70.18 per sf, for the 90%-leased property 15 miles northwest of Downtown Orlando. Buyer and seller are private investor groups.

Marcus & Millichap Real Estate Investment Brokerage Co., which handled the deal, says in a prepared statement the fully-renovated property is in a market area “considered the second fastest growing market in the nation.”

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