BRADENTON, FLA., November 9, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Family Dollar, a 8,320-square foot net-leased property located in Bradenton, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $2,090,000.
Dan Mulkey, vice president investments, in Marcus & Millichap’s Tampa office, represented the buyer, a Tampa-based limited liability company.
Family Dollar is located at 3215 15th Street East in Bradenton, Florida. “With the close proximity to Tampa, this asset was the perfect fit for a 1031-exchange property for my buyer,” says Mulkey. “The investment offered a corporate, triple-net lease on new construction providing a very secure investment for years to come.”
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About Marcus & Millichap (NYSE: MMI)
With nearly 1,500 investment professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com