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CRE Auction Sales- Commercial Real Estate Auctions

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CRE Auction Sales- Commercial Real Estate Auctions

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from CRE Auction Sales- Commercial Real Estate Auctions, Commercial property agent, 5900 North Andrews Avenue, Suite 100, Fort Lauderdale, FL.

Marcus & Millichap
#1 Commercial Auction Sales Team in the US
Sold in 42+ States | Commercial Real Estate Auctions

View our upcoming auctions and get in touch for questions!

12/09/2024

LAST AUCTION EVENT OF THE YEAR! Take a look at the investment opportunities available for auction today through Wednesday, December 9th.

REIT Sale | 1880 Dairy Ashford St | 66% Occupied | $749K NOI
📍1880 Dairy Ashford St - Houston, TX 77077
🔗 https://rimarketplace.com/auction/2287/reit-sale-1880-dairy-ashford-st-66-occupied-749k-noi

Comfort Suites Toledo South | 53 Rooms | $1.3M T12 Room Revenue
📍27450 Helen Drive - Perrysburg, OH 43551
🔗 https://rimarketplace.com/auction/2285/comfort-suites-toledo-south-53-rooms-1-3m-t12-room-revenue

Double-Digit Cap Rate | Colonial Plaza | 49% Occupied | $144K NOI
📍Binghamton, NY 13901
🔗 https://rimarketplace.com/auction/2226/double-digit-cap-rate-colonial-plaza-49-occupied-144k-noi-

Country Inn & Suites Toledo South | 79 Rooms | $1.67M T12 Room Revenue
📍9790 Clark Drive - Rossford, OH 43460
🔗 https://rimarketplace.com/auction/2286/auction-country-inn-suites-toledo-south-79-rooms-1-67m-t12-room-revenue

Two-Tenant Medical & Daycare Center | $253K NOI | Double Digit Cap Rate
📍20911-20939 S Cicero Ave - Matteson, IL 60443
🔗 https://rimarketplace.com/auction/2284/auction-two-tenant-medical-daycare-center-253k-noi-double-digit-cap-rate

Roadrunner RV Park | $173K NOI | 94% Occupied | Double Digit Cap Rate
📍720 E Mulberry Street - Odessa, TX 79766
🔗 https://rimarketplace.com/auction/2275/auction-roadrunner-rv-park-173k-noi-94-occupied-double-digit-cap-rate

Quality Inn and Rodeway Inn & Suites | 83 Rooms | $1.5M Room Revenue
📍139 Northeast Goodfellow Street - Ontario, OR 97914
🔗 https://rimarketplace.com/auction/2213/auction-quality-inn-and-rodeway-inn-suites-83-rooms-1-5m-room-revenue

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

12/03/2024

Two Toledo area hotels coming to auction next week! 🏨 Don’t miss these incredible hospitality investment opportunities:

📍 Country Inn & Suites Toledo South
Rossford, OH | 79 Rooms | $1.67M T12 Revenue
💲 Starting Bid: $1,750,000
🔗 Auction Link: https://rimarketplace.com/auction/2286/country-inn-suites-toledo-south-79-rooms-1-67m-t12-room-revenue

📍 Comfort Suites Toledo South
Perrysburg, OH | 53 Rooms | $1.3M T12 Revenue
💲 Starting Bid: $1,250,000
🔗 Auction Link: https://rimarketplace.com/auction/2285/comfort-suites-toledo-south-53-rooms-1-3m-t12-room-revenue

💼 Bidding Opens Monday, Dec 9th.

Visit 🔗 www.creauctionsales.com or reach out today for more information.

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

11/25/2024

Just Closed Via Auction!

📍 Washington Plaza | Indianapolis, IN
▪️ Sale Price: $2,310,000 (29% above reserve!)
▪️ 124 Confidentiality Agreements Signed
▪️ 25 Registered bidders

We’re thrilled to announce the successful closing of Washington Plaza, a JOANN’s anchored center located at 10030 E Washington St, in Indianapolis, IN. Amazing work by Erin Patton and her team as this asset attracted 25 registered bidders, sold for 29% above the reserve price, and closed in 33 days!

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

11/19/2024

🚨🚨🚨 AUCTION CLOSING ANNOUNCEMENT! 🚨🚨🚨

In the last three weeks, we’ve closed on three office buildings in Houston totaling almost 530,000 square feet. All buyers signed a non-negotiable purchase and sale agreement, posted a 10% non-refundable earnest money deposit, and closed in 30 days. Amazing work by Keith Lloyd and Brad Mills out of Marcus & Millichap’s Houston office.

📍400 N Sam Houston Pky E
🗓️ Closed 10/30/24
📐 230,872 Square Feet
👥 31.20% Occupied

📍616 Cypress Creek Parkway
🗓️ Closed 11/1/24
📐 142,194 Square Feet
👥 47.8% Occupied

📍11811 N Freeway
🗓️ Closed 11/15/24
📐 156,362 Square Feet
👥 32.10% Occupied

🔗 Looking to participate in our next auction? Check out our website at www.creauctionsales.com

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

11/14/2024

Coming to Auction Next Week! 🏡 Don't miss these incredible investment opportunities:

📍 Aspen Village Apartments
Lubbock, TX | 70 Units | 61% Occupied
• $750,000 Starting Bid

📍 Days Inn & Suites
Caseyville, IL | 84 Rooms | Short Sale
• $750,000 Starting Bid

📍 REIT Office Portfolio – 15311 & 15355 Vantage Pkwy W
Houston, TX | 230K SF | 63% Occupied
• $1,750,000 Starting Bid

📍 REIT Sale - 14550 Torrey Chase Blvd
Houston, TX | 129K SF | 28% Occupied
• $700,000 Starting Bid

📍 Publix Anchored Shopping Center
Palm Bay, FL | 135K SF | 36% Occupied
• $2,500,000 Starting Bid

📍 REIT Sale - 4010 Hempstead Tpke
Bethpage, NY | 12,094 SF Mixed-Use Building
• $200,000 Starting Bid

📍 Motel 6
Tifton, GA | 115 Rooms | 50K VPD Traffic Count
• $1,500,000 Starting Bid

📍 Applebee's (Dark Thru Jan 2027)
Radford, VA | $113,135 NOI | 45K VPD Traffic Count
• $300,000 Starting Bid

These auctions present unique value-add opportunities across multi-family, hospitality, office, and retail sectors. The bidding starts next week! 🚨 Don't miss out on these incredible investment opportunities!

Visit 🔗 www.creauctionsales.com or reach out today for more information.

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

11/05/2024

Auction Alert! 🏡 Don't miss these incredible investment opportunities:

Jacksonville Beach Apartments
📍510 3rd St, Jacksonville Beach, FL
🔹 Located just blocks from the beach and major highways
💵 Current Bid: $400,000
🔗 https://loom.ly/1w4csFI

16 Custom Home Lots - Carrington Lakes Subdivision
📍8644 Highlands Dr, Trussville, AL
📈 Rapidly growing Birmingham MSA area
🏡 Ideal for single-family or garden home development
💵 Current Bid: $3,500 (Absolute $1 Auction - No Reserve)
🔗 https://loom.ly/dPfe6to

28-Unit Apartment Complex - Edgewater Neighborhood
📍11107-11111 Detroit Ave, Cleveland, OH
🌊 Prime location near Lake Erie and downtown Cleveland
💸 15-Year Residential Tax Abatement available
💵 Current Bid: $300,000
🔗 https://loom.ly/GjNbNbM

Walmart Outparcel | Former 7-Eleven | 32K VPD Traffic Count
📍204 Carroll Island Rd, Middle River, MD 21220
🔹 Freestanding retail space, shadow-anchored by Walmart and surrounded by top national retailers
💵 Current Bid: $175,000
🔗 https://loom.ly/dWa3G6o

And that’s just the beginning! With 14 more Absolute $1 Auctions live this week all ending tomorrow:

▪️ Dollar General Adjacent | Phenix City, AL: 🔗 https://loom.ly/3Nq_6Us
▪️ 22 Acre Parcel | Asheville MSA | Fletcher, NC: 🔗 https://loom.ly/MCwqbA8
▪️ 4.3 Acres | 13K VPD | Dollar General Adjacent | Birmingham MSA| Blountsville, AL: 🔗 https://loom.ly/Zz5RZb0
▪️ 1.27 Acre Parcel | Charlotte CSA | Dollar General Adjacent| Morganton, NC: 🔗 https://loom.ly/dPaB2XY
▪️ 6.26 Acre Parcel | 10K VPD | Dollar General Adjacent | Seale, AL: 🔗 https://loom.ly/BFYWorc
▪️ 1.77 Acre Parcel | Dollar General Adjacent | 27% Population Growth | Sapphire, NC: 🔗 https://loom.ly/UGGVoxM
▪️ 2.3 Acre Parcel | Charlotte CSA | Dollar General Adjacent | Stony Point, NC: 🔗 https://loom.ly/JuieynQ
▪️ 1.32 Acre Parcel | Birmingham MSA | 6.7% Population Growth | Chelsea, AL: 🔗 https://loom.ly/Kw1s9fg
▪️ 3.87 Acre Parcel | $116K Annual HH Income | Columbus, GA MSA | Ellerslie, GA: 🔗 https://loom.ly/dQsTdqg
▪️ 2.45 Acre Parcel | Dollar General Adjacent | 11K VPD | Birmingham MSA | Odenville, AL: 🔗 https://loom.ly/BT-sOQo
▪️ 3.29 Acre Parcel | Dollar General Adjacent | 3K VPD | Salem, AL: 🔗 https://loom.ly/5tqXdkg
▪️ 2.14 Acre Parcel | 12K VPD | Between Chattanooga & Knoxville | Athens, TN: 🔗 https://loom.ly/8w65vLU
▪️ 12K VPD | Dollar General Adjacent | Fort Payne, AL: 🔗 https://loom.ly/ry-d7b4
▪️ 2.86 Acres | Dollar General Adjacent | 7K VPD | Gadsden, AL: 🔗 https://loom.ly/xQIIQ7o

Check out the full lineup on our website! 🏢💼

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

10/29/2024

JUST CLOSED! Former Walgreens in Martinsville, Virginia.

Additional details:

📍2707 Greensboro Rd - Martinsville, VA 24112
💰 Sale Price: $945,000 (50% Above Reserve)
👥 18 Registered Bidders

Thank you to Dan Perrine for the investment sales broker assistance on this deal!

🔗 Looking to participate in our next auction? Check out our website at www.creauctionsales.com

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

10/28/2024

Auctions Now Live! End Wednesday Oct 30th.

📍 Hatton House Apartments - Sneads, FL
🏡 76-Unit LIHTC Community | 71% Occupied
💲 Starting Bid: $750,000
🔗 https://loom.ly/EwOR6HQ

📍 6007 Financial Plaza - Shreveport, LA 71129
🏢 Vacant 143,902 SF Office Building | Under $5 PSF
💲 Starting Bid: $200,000
🔗 https://loom.ly/IJxf89s

📍 Former Aaron’s - Elk City, OK
🏢 REIT SALE | Walmart Shadow | I-40 Visibility | 24K VPD
💲 Starting Bid: $1
🔗 https://loom.ly/b2aJlLQ
📱Contact us today for more information about these properties.

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

10/21/2024

JUST CLOSED! We auctioned the leasehold interest in a Verizon & Jimmy John's in Woodstock, GA (Atlanta MSA). The ground lease only had 31 years remaining on it and still sold at a 9.2% in place cap rate. Amazing work by Robby Pfeiffer out of Marcus & Millichap’s Atlanta office.

Additional details:

📍121 Lauren Lane - Woodstock, GA 30189
💰 Sale price: $1,837,500 (9.4% Above Reserve Price)
✒️ 164 Confidentiality Agreements Signed
👥 26 Registered Bidders

🔗 Looking to participate in our next auction? Check out our website at www.creauctionsales.com

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

10/04/2024

New to Auction! 🎉

Publix Anchored Palm Bay Center | $31.5M Store Sales ($639 PSF) | 36% Occupied
📍 4707 Babcock St NE, Palm Bay, FL 32905
💼 135K SF | 12.32 Acres | 35K VPD Traffic

💡 Investment Highlights:
▪️ Prime Location: 135K SF Publix Grocery Anchored Shopping Center in a strong retail corridor
▪️ Strong Sales: 2023 Publix sales reached $31.5M ($639 PSF)
▪️ Value-Add Opportunities: 36% occupied with in-line and junior anchor spaces available
▪️ Established Tenant: Publix has a 45+ year operating history at this location, with a lease extending through 2030 and a five-year renewal option
▪️ High Visibility: Large ±12-acre site with prime access on Babcock Street, near a signalized intersection with Palm Bay Rd

The auction is set for November 18-20 with a starting bid of $2,500,000. Don’t miss out on this chance to invest in a property with a strong tenant and significant upside potential!

For more information, reach out or click the link below!
🔗 https://loom.ly/qZIqrVI

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐮𝐜𝐭𝐢𝐨𝐧𝐬
𝙈𝙖𝙧𝙘𝙪𝙨 & 𝙈𝙞𝙡𝙡𝙞𝙘𝙝𝙖𝙥 𝘼𝙪𝙘𝙩𝙞𝙤𝙣𝙨
𝘼𝙙𝙖𝙢 𝙎𝙠𝙡𝙖𝙫𝙚𝙧: 301-706-4619
𝙋𝙝𝙞𝙡𝙞𝙥 𝙆𝙖𝙩𝙚𝙨: 305-206-1286
𝙆𝙮𝙡𝙚 𝙃𝙮𝙣𝙚𝙨: 617-699-0128

Address

5900 North Andrews Avenue, Suite 100
Fort Lauderdale, FL
33309

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Website

http://www.creauctionsales.com/

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