MIAMI (July 13, 2021)—Tiktin Real Estate Investment Services (TREIS), a leading commercial real estate investment sales brokerage firm, today announced the sale of a 4,774-square-foot freestanding building occupied by Bank of America at 13700 S. Jog Rd. in Delray Beach, FL. Maloof Properties, Inc. acquired the 1.25-acre site from Master Carwash, LLC for $2.82 million. Adam J. Tiktin and Steven Logan of TREIS represented the Seller. Closing took place July 12th.

The property has four drive-through lanes and offers excellent visibility with an average daily traffic count of over of 29,000 vehicles per day. The site is an outparcel to a Publix anchored shopping center and is a highly desirable location in the Boca Raton and Delray Beach submarket.

For more information, please call 305-363-4750 or 844-4-TIKTIN or visit www.tiktinrealestate.com.