October 22, 2025
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of North Port Village, a fully occupied, 66,083-square-foot retail center in North Port, Florida. The property sold for $10,820,000.
“The sellers of North Port Village recently completed a $3 million renovation of the property, which included new roofs and façade upgrades across a majority of the center’s square footage,” said Drew Kristol, senior managing director investments in Marcus & Millichap’s Miami office. “New anchor tenants, Planet Fitness and Do The Beach indoor children’s facility, recently opened, bringing the current occupancy to 100 percent.”
Kristol and Kirk Olson, also a senior managing director investments, represented the seller, , a South Florida based real estate investment firm. The buyer, a private investor, was procured by Marcus & Millichap’s Luke Holsinger, Clayton Brown and Ruthanne Loar.
North Port Village, located at 14255 S. Tamiami Trail, sits on 7.88 acres at the corner of Tamiami Trail and North Port Boulevard, which sees more than 42,400 vehicles per day. The 12-tenant property is anchored by Planet Fitness and includes national, regional and local tenants such as Humana, NAPA Auto Parts and Do The Beach Adventure Park.
