Marcus & Millichap Arranges $3.3 Million Sale of 7.999-SF, Net Leased Hooters Building in San Angelo, TX

SAN ANGELO, TX -– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Hooters, a 7,999-square foot net-leased property located in San Angelo, TX, according to Grant Fitzgerald, sales manager of the firm’s Tampa office. The asset sold for $3,333,333.

Moe Derbala-Khalifa

  The buyer, an individual/personal trust, was secured and represented by Moe Derbala-Khalifa, an investment specialist in Marcus & Millichap’s Tampa office.  Broker, Tim Speck, assisted in closing this transaction.

Tim Speck

Hooters is located at 4384 Sherwood Way in San Angelo, TX and features Class A Construction in a prime location.  The property is located two-miles from Angelo State University with enrollment of over 10,000 students.

Contacts:

Whitney Davis
Marketing Coordinator
Marcus & Millichap 201 North Franklin St. Suite 1100 Tampa, FL 33602 (813) 387-4700 main (813) 387-4743 direct (813) 387-4710 fax whitney.davis@marcusmillichap.com

 www.MarcusMillichap.com.