Marcus & Millichap Brokers $13.7M Sale Of McHenry Town Center With Private Family Seller

McHenry Town Center, located at 2226 North Richmond Road in McHenry, is a grocery-anchored retail center encompassing 94,658 square feet. The retail center was sold for $13,700,000, equating to a price per square foot of $145. It includes notable tenants such as Aldi, Petco, and Michaels, and was originally built in 2003.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $13,700,000
• Address: 2226 North Richmond Road
• Market: McHenry
• Square Footage: 94,658
• Price Per Square Foot: $145

Adrian Mendoza, Sean Sharko, and Austin Weisenbeck from Marcus & Millichap represented the selling private family in this transaction, securing a 1031 exchange buyer for the property. The team played a crucial role in facilitating the sale of the eight-suite retail center.