An aerial property map highlights Pelican Plaza at 713 Bald Eagle Drive on Marco Island. Paul Kaplan purchased the 24,570-square-foot retail center from Stephen J. Lockwood & Company LLC for $8.65 million. The property occupies approximately 2.15 acres near Collier Boulevard.
Paul Kaplan purchased Pelican Plaza, a 24,570-square-foot retail center at 713 Bald Eagle Drive, near Collier Boulevard on Marco Island, from Stephen J. Lockwood & Company LLC for $8.65 million. The transaction values the property at approximately $352 per square foot. Built in 1978, the multitenant shopping center occupies a 2.15-acre site with 153 shared parking spaces and approximately 375 feet of road frontage. The property includes restaurant, retail and service businesses along one of Marco Island's primary commercial corridors. Biagio Bernardo and Bill Young of Lee & Associates Naples-Fort Myers represented the buyer, while Brock Rasmussen, SIOR, of Lee & Associates represented the seller.
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