Marcus & Millichap Sells Ballard Gas Station In Seattle For $3.2M

The sale facilitated by Marcus & Millichap involved a gas station in Seattle's Ballard neighborhood, occupied by Shell. The property, located at 6759 15th Ave. NW, was sold for $3.2 million. Spanning 1,950 square feet, the asset was transacted at a price per square foot of $1,641.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,200,000
• Address: 6759 15th Avenue Northwest
• Market: Seattle, WA
• Broker: Hank Wolfer - Marcus & Millichap

The sale of the gas station was notable for being a net-leased transaction. Hank Wolfer, representing Marcus & Millichap, played a key role in brokering the deal between the involved parties, adding value to the transaction.