Real Estate

Developer Purchases Former Albertsons Location on U.S. 41 in Venice

Plans for the property, which is now owned by Benderson Realty Development, have not been disclosed.

By Staff February 27, 2020

The former Albertsons building in Venice

Benderson Realty Development has purchased a vacant Albertsons location on U.S. 41 in Venice for $4.25 million. The 61,966-square-foot former grocery store sits on 6.26 acres and is located at 1590 U.S. 41 Bypass South. Plans for the property have not been disclosed. Benderson Realty also owns Jacaranda Plaza across the street, a 198,000-square-foot retail center that contains national retailers such as Marshalls, Bealls Outlet, Petco, Bonefish Grill and the former Lucky’s Market, which will be replaced by Aldi. Ron Schultz, managing director of retail investments for Colliers International Tampa Bay represented the seller. Richard Franco with Benderson Realty Development, Inc. represented the buyer. 

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