SOLD
Marcus & Millichap Sells Gaithersburg Citgo Retail Property For $2.5M
401-409 East Diamond Avenue
Retail
5,012 SF
5,012 SF
Sold 246 days ago
Summary
Sale
MARYLAND
Retail
5,012 sqft
The Gaithersburg Citgo| Daytona Auto Care, a 2,506-square-foot retail property located at 401-409 East Diamond Avenue in Gaithersburg, Maryland, has been sold for $2.5 million. The property was purchased by Beroya LLC & East Diamond, LLC from Taris Investment LLC & Daytona Auto Care, LTD. The sale was facilitated by Dany Zhao of Marcus & Millichap, a prominent commercial real estate brokerage firm.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,500,000
- Address: 401-409 East Diamond Avenue, Gaithersburg, MD
- Market: Gaithersburg, MD
- Buyer: Beroya LLC & East Diamond, LLC
- Seller: Taris Investment LLC & Daytona Auto Care, LTD
- Broker: Dany Zhao - Marcus & Millichap
The sale price of $2.5 million translates to approximately $998 per square foot. This transaction represents the successful acquisition of the Gaithersburg Citgo| Daytona Auto Care property, highlighting the demand and robust real estate market in Gaithersburg, Maryland.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Dany Zhao
DATE: 09/13/2023
ADDRESS: 401-409 East Diamond Avenue
MARKET: Gaithersburg, MD
ASSET TYPE: Retail
BUYER: Beroya LLC & East Diamond, LLC
SELLER: Taris Investment LLC & Daytona Auto Care, LTD
BROKER: Dany Zhao - Marcus & Millichap (@MarcusMillichap)
SALE PRICE: $2,500,000
SF: 2,506 ~ PPSF: $998
NOTE: Marcus & Millichap, a prominent commercial real estate brokerage firm, has announced the $2.5 million sale of Gaithersburg Citgo| Daytona Auto Care, a 2,506-square-foot retail property in Gaithersburg, Maryland, which translates to $837.99 per square foot.View on map
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Address401-409 East Diamond Avenue
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