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400 Duval Street, a 32,199-square-foot, urban retail property in Key West, FL has been listed for sale without a formal asking price free and clear of debt.

HFF is marketing the property on behalf of the seller, a venture comprised of Longwharf Real Estate Partners and JBK Capital, LLC. The HFF investment sales team representing the seller is led by managing director Danny Finkle and director Luis Castillo. Claude Gardner of Prudential Knight Gardner Realty is co-marketing the listing with HFF.

400 Duval Street is on a 0.80-acre site at the hard corner of Duval and Eaton Streets. The multi-tenant property is fully leased to national tenants including Chico’s, Claire’s Boutique, RadioShack, Subway, Fresh Produce and Earthbound Trading Company.

Originally built in 1924, 400 Duval Street is the largest multi-tenant retail property with significant frontage along Duval Street.

“Strong tenant sales ranging from $570 to $720 per square foot at the property, and significant value creation potential, make this one of the most attractive offerings in the market today,” said Finkle.

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