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1101 Brookdale Street
SOLD

Marcus & Millichap Sells Spruce Street Station Retail Center In Martinsville, VA For $7.48M

1101 Brookdale Street

Retail
48,052 SF
clock iconSold 274 days ago
Andrew Margulies
Brian Hosey
Harrison Creason
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Summary

Sale
VIRGINIA
Retail
48,052 sqft

Marcus & Millichap has facilitated the sale of Spruce Street Station, a retail property located at 1101 Brookdale Street in Martinsville, Virginia. The property spans 48,052 square feet and was sold for a total price of $7,475,000, translating to a price per square foot of approximately $156. This transaction took place on August 29, 2023.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,475,000
  • Address: 1101 Brookdale Street, Martinsville, VA
  • Market: Martinsville, VA
  • SF: 48,052
  • PPSF: $156

The deal was facilitated by the Marcus & Millichap brokerage team consisting of Andrew Margulies, Brian Hosey, and Harrison Creason. They represented the involved parties in this property transaction.

Note: Marcus & Millichap reported that Spruce Street Station, a 48,052-square-foot shopping center in Martinsville, Virginia, was sold for $7.48 million, equivalent to $155.56 per square foot.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Andrew Margulies's profile picture
Andrew Margulies
Marcus & Millichap-image
Investment Sales Broker
$40.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Andrew Margulies, Brian Hosey & Harrison Creason DATE: 08/29/2023 ADDRESS: 1101 Brookdale Street MARKET: Martinsville, VA ASSET TYPE: Retail BROKERS: Andrew Margulies, Brian Hosey & Harrison Creason - Marcus & Millichap SALE PRICE: $7,475,000 SF: 48,052 ~ PPSF: $156 NOTE: Marcus & Millichap has reported the sale of Spruce Street Station, a 48,052-square-foot shopping center in Martinsville, Virginia, for $7.48 million, equating to $155.56 per square foot.

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Address1101 Brookdale Street

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