Saturday, March 22, 2014

Marcus & Millichap Arranges Sale of Ground-Leased McDonald’s in Sunrise, FL


Douglas K. Mandel
SUNRISE, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of the ground lease of a 3,926-square foot McDonald's in Sunrise, FL. The asset sold for $1,065,000.
Douglas K. Mandel, a first vice president investments, and Barry M. Wolfe, a vice president investments, in Marcus & Millichap’s Ft. Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a local limited liability company.  Mandel and Wolfe also secured and represented the buyer, a limited liability company from Oakbrook, IL.
Built in 1984, McDonald's is situated on a 0.50-acre parcel and occupies a 3,926 square-foot freestanding building with a drive-thru. McDonald's is located at 10013 Sunset Strip in Sunrise, FL.
For a complete copy of the company’s news release, please contact:
Ryan Nee
Regional Manager,
Ft. Lauderdale
(954)245-3400
 

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