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| Alan Lipsky |
GAINESVILLE, FL, Jan. 11,
2016 – 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 Dollar
General, a 9,000-square foot net-leased property located in Gainesville,
Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale
office. The asset sold for $1,622,000 equating to $180 per square foot.
Barry M. Wolfe,
a first vice president investments, and Alan
Lipsky, an associate, both in Marcus & Millichap’s Fort Lauderdale
office, had the exclusive listing to market the property on behalf of the
seller, a limited liability company from Fernandina Beach, Fla.
The buyer was a private investor from
Bellevue, WA. Over the past 12 months
Wolfe and Lipsky have aggressively marketed and sold over 55 properties with a
value exceeding $200 million.
Built in 2009, Dollar
General is conveniently located off U.S. Highway 441, one-half mile from the
University of Florida (UF). Due to the
close proximity to the University, the Dollar General is in a high traffic residential
area with numerous apartment buildings and housing for UF students.
With the local Publix and
Walmart more than three miles away, this Dollar General serves as a primary
retailer for grocery and everyday items for the local residents.
Dollar General is located
at 2112 SW 13th Street in Gainesville, Fla.
For a
complete copy of the company’s news release, please contact:
Ryan Nee
Regional Manager
Fort Lauderdale, FL
(954) 245-3400
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