The property involved in this sale is a retail asset located at 5138 S US Hwy 79 in Palestine, Texas. The sale price for the property was $1,450,000. The total square footage of the facility is approximately 5,000 square feet, resulting in a price per square foot of $290. The asset covers a total of 17 acres and includes a key facility that is positioned strategically within the region.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,450,000
• Square Footage: 5,000
• Price Per Square Foot: $290
• Address: 5138 S US Hwy 79
• Market: Palestine
• Buyer: Mallik Panda
• Seller: Anwaar Qureshi
• Brokers: Ameer Adel & Jacob Luna - Marcus & Millichap

The transaction was facilitated by brokers Ameer Adel and Jacob Luna, who represent Marcus & Millichap. The sale involved Speedway Truck Stop, highlighting the significance of the property as a strong investment opportunity due to its location and facilities.