Post Brothers Sells Philadelphia Property At 4424 N Broad St For $9.2M With Marcus & Millichap Reps

The property asset involved in the transaction is Victory Square, a retail center located at 4424 N Broad St, Philadelphia, PA. The center is fully leased and spans a total of 38,234 square feet. It was sold for $9,200,000. The property sits on a two-acre lot and was originally constructed in 1980, with renovations completed in 2016. It is anchored by an 18,500-square-foot Save-A-Lot grocery store and has other tenants including Dollar Tree, Taco Bell, and a laundromat.

Summary of transaction details:

• Property Type: Retail Center
• Transaction Amount: $9,200,000.00
• Address: 4424 N Broad St, Philadelphia, PA
• Market: Philadelphia
• Square Footage: 38,234
• Buyer: Unknown
• Seller: Post Brothers
• Buyer's Representative: Mark Taylor - Marcus & Millichap
• Seller's Representative: Derrick Dougherty - Marcus & Millichap

In this transaction, Derrick Dougherty, Scott Woodard, and Mark Taylor of Marcus & Millichap represented the seller, Post Brothers, along with the out-of-market buyer. The transaction highlights the involvement of these key individuals from the brokerage firm in managing the sale process.