Marcus & Millichap Sells Macclenny Plaza Retail Property For $1.5M

Macclenny Plaza, a retail property located at 1195 South 6th Street in Macclenny, Florida, has been sold for $1.5 million. The property spans across 1.19 acres and includes a combination of retail and office units. The transaction was facilitated by Marcus & Millichap, with Brendan Lupkes, Chris Travis, Simon Grigoryan, and Edwinn Bruchman from Marcus & Millichap serving as the brokers. The sale was also financed by Marcus & Millichap Capital Corporation.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,475,000
• Square Footage: 15,353 SF
• Price per Square Foot: $96
• Address: 1195 South 6th Street, Macclenny, Florida
• Market: Macclenny

The brokers involved in the transaction were Brendan Lupkes, Chris Travis, Simon Grigoryan, and Edwinn Bruchman, all representing Marcus & Millichap. The mortgage for the sale was handled by Garrett Fierstein from Marcus & Millichap Capital Corporation. Situated near Interstate 10, Macclenny Plaza offers a prime location for retailers and professionals looking for office spaces.

NOTE: The sale of Macclenny Plaza demonstrates the demand for retail properties in Macclenny, Florida. Marcus & Millichap played a significant role in facilitating the transaction and providing financing options through Marcus & Millichap Capital Corporation.