Walmart buys land to open first Venice store on Laurel Road

VENICE – Venice proper is getting its first Walmart, at the northwest corner of Twin Laurel Boulevard and Laurel Road, just off Interstate 75.

LQ Commercial, a Florida-based commercial real estate brokerage organization, bought 22 acres for Walmart in Venice, along with five other acquisitions across the state covering a combined total of 150 across for seven future Walmart stores, according to an LQ press release.

The brokerage organization purchased the Venice land, which is zoned for commercial use, for $20.8 million, and closed the deal in May, according to the Sarasota County Property Appraiser. Although the purchased plot of land is zoned for commercial purposes, it’s currently green space…

Story continues

TRENDING NOW

LATEST LOCAL NEWS