America's Realty LLC Acquires Retail Property In Lancaster, Ohio For $10.6M

A retail property located at 1283 N Memorial Drive in Lancaster, Ohio has been sold in a closed transaction. The property, spanning 210,522 square feet, was sold for a total price of $10,600,000, resulting in a price per square foot of $50. The buyer of the property is America's Realty LLC, represented by Carl Verstandig.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,600,000
• Address: 1283 N Memorial Drive, Lancaster, Ohio
• Market: Lancaster, Ohio
• Buyer: America's Realty LLC - Carl Verstandig
• Brokers: Scott Wiles, CJ Jackson, Erin Patton & Craig Fuller - Patton Wiles Fuller Group - Marcus & Millichap
• Square Footage: 210,522
• Price Per Square Foot: $50

The sale of the retail property at 1283 N Memorial Drive in Lancaster, Ohio was facilitated by the real estate team of Scott Wiles, CJ Jackson, Erin Patton, and Craig Fuller from the Patton Wiles Fuller Group at Marcus & Millichap.