Marcus & Millichap Closes Sale Of Retail Property At 750 Buffalo Run In Missouri City For $5.05M

The property involved in the transaction is a retail asset located at 750 Buffalo Run, Missouri City, Texas. The sale price for the property was $5,050,000, and it encompasses a total square footage of 45,085. The property was sold at a price per square foot of $112.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,050,000
• Address: 750 Buffalo Run, Missouri City
• Square Footage: 45,085
• Price Per Square Foot: $112
• Broker: Sai Thakor - Marcus & Millichap
• Closing Date: 12/31/2024

The transaction was facilitated by the Luna Thakor Group at Marcus & Millichap. The deal was notably completed with a private fund that provided all cash, resulting in a streamlined closing process. The closing duration was record-fast, taking just two weeks to finalize.