SOLD
Marcus & Millichap Facilitates $7.5M Sale Of Paradise Shoppes Retail Center In Monroe
1986 West Spring Street
Retail
23,500 SF
23,500 SF
Sold 48 days ago
Summary
Sale
GEORGIA
Retail
23,500 sqft
The $7.5 million sale of Paradise Shoppes, a 23,500-square-foot retail center located at 1986 West Spring Street in Monroe, GA, was facilitated by Marcus & Millichap. The property was acquired by an unnamed private equity firm based in Tulsa in an all-cash transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,500,000
- Address: 1986 West Spring Street
- Market: Monroe, GA
- Square Footage: 23,500
- Price per Square Foot: $319
- Broker: Marc Irvin - Marcus & Millichap
Marc Irvin of Marcus & Millichap played a key role as the broker representing the parties in the sale of Paradise Shoppes. The transaction involved skillful negotiations between the seller and the private equity firm, culminating in the successful transfer of ownership.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Marc Irvin
DATE: 03/14/2024
ADDRESS: 1986 West Spring Street
MARKET: Monroe, GA
ASSET TYPE: Retail
BROKER: Marc Irvin - Marcus & Millichap
SALE PRICE: $7,500,000
SF: 23,500 ~ PPSF: $319
NOTE: Marcus & Millichap facilitated the $7.5 million sale of Paradise Shoppes, a 23,500-square-foot retail center in Monroe, Georgia, to an unnamed private equity firm based in Tulsa in an all-cash transaction.View on map
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Address1986 West Spring Street
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