Ellas Properties LLC Acquires Retail Properties In Maysville NC From Glandon Forest Equity LLC For $4.01M

The property asset involved in this transaction is a retail space located at 1006 Main Street, Maysville, NC. The sale price of the property was $4,011,000. This asset includes two newly built Dollar General Marketplace locations, one in Maysville and another in Elm City, NC, acquired through a 1031 exchange by the buyer.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $4,011,000
• Buyer: Ellas Properties, LLC
• Seller: Glandon Forest Equity, LLC
• Brokers: Clark Simpson & Erik Conradi - Cushman & Wakefield
• Date of Sale: 05/18/2025

The deal was facilitated by Cushman & Wakefield, represented by brokers Clark Simpson and Erik Conradi, who coordinated between the buyer and seller for the successful transaction of these retail properties.