A commercial property housing a Truist Bank in The Villages was recently acquired by a multibillion dollar real estate investment firm for $3.189 million.
Located at 2365 Parr Drive between Parr Drive and County Road 466, the 1.61-acre lot was sold by Chico Enterprises to Agree Limited Partnership for $3,189,000 on May 18.
The deed of sale was officially recorded by the Sumter County Property Appraiser’s Office on June 1. Chico Enterprises originally acquired the improved bank property in May 2020 for $2.675 million.
Agree Limited Partnership serves as an operating partnership entity for Agree Realty Corporation (ARC), a publicly traded Real Estate Investment Trust (REIT) that was founded in 1971 by Executive Chairman Richard Agree…