Marcus & Millichap Sells Dollar General Property In Warsaw For $1.15M

Marcus & Millichap has successfully sold a Dollar General property in Warsaw, Illinois. The property, located at 511 Main Street, spans 7,489 square feet and was sold for a total of $1,150,000. This retail asset was able to attract an all-cash 1031 buyer despite the market slowdown.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,150,000
• Square Footage: 7,489
• Price per Square Foot: $154
• Address: 511 Main Street, Warsaw, Illinois
• Market: Warsaw

The deal was brokered by Edward Nelson, Jake Parker, Dustin Javitch, Craig Fuller, Erin Patton, and Scott Wiles of Marcus & Millichap. Through their effective marketing efforts, they were able to successfully close the transaction with an all-cash 1031 buyer. This demonstrates the expertise and capabilities of Marcus & Millichap in navigating the real estate market.