Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Resolute Anesthesia and Pain Solutions, a 6,656-square foot net-leased property located in Port Saint Lucie, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for $2,055,000 equating to $309 per square foot.

Marc E. Strauss, a first vice president investments in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Boca Raton, Fla. The buyer is a limited liability company from Stuart, Fla.

“There is a growing demand for single-tenant medical buildings as superior health care continues to be important to the public. Resolute Anesthesia and Pain Solutions is high quality tenant with more than 20 locations,” says Strauss.

Resolute Anesthesia and Pain Solutions was built in 1998 on a 1.07 acre out-parcel of a Keiser University shopping center. The property has excellent ingress and egress and benefits from traffic counts in excess of 52,000 vehicles per-day.

The property is located at 10244 S US Highway 1.

About Marcus & Millichap (NYSE: MMI)

With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com