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City Mattress Center Trades in Bonita Springs

Strip Center Sells for $2M
April 10, 2018
The City Mattress Shopping Center at 24611 Production Cir. in Bonita Springs, FL has traded hands. U.S. Bank has sold the center to local investor Menachem Greenberg for almost $2.04 million, or approximately $131 per square foot.

The 15,500-square-foot strip center is 100 percent leased to multiple tenants, including City Mattress, Shiny Nails and Go Wireless. The center was built in 2003 in the Bonita Springs submarket, and it has approximately 100 feet of frontage on Production Circle and 280 feet of frontage on S. Tamiami Trail.

Connor Finch with C-III Realty Services represented the seller in the auction sale. John Albion with Cushman & Wakefield Commercial Property Southwest represented the buyer.

For additional information on this transaction, please refer to CoStar COMPS #4178395.
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