Marcus & Millichap - Jesse Limon

Overview

Since 2009, Jesse has been involved in over 80 closings, totaling over 2.5 million square feet, with a total dollar value of over $400 million. Mr. Limon specializes in the sale of “high street retail” with an emphasis on Net Leased Investments, national shopping centers and single-tenant properties, and portfolios throughout the United States. In 2015, Jesse was promoted to Senior Associate with Marcus & Millichap.

Mr. Limon started his real estate career in 2004 specializing in the sale of investment properties and luxury homes in Northern Indiana. In 2009, Jesse joined Marcus & Millichap’s Indianapolis Office where he focused on the sale of national shopping centers and Triple-Net (NNN) investments. In 2013, Mr. Limon relocated to the Manhattan Office where his focus expanded to include: retail in the New York City Metropolitan Area as well as 1031 Exchange clients.

Jesse attended Indiana University Bloomington and South Bend where he graduated with a Bachelor’s degree in Accounting with an emphasis on Economics. In college, Mr. Limon was a founding member of the Brazilian Jiu-Jitsu Club, as well as Treasurer of the Student Government Association, as well as a Student Senator. Jesse is an active member of the International Council of Shopping Centers as well as Marcus & Millichap’s National Retail Group.

Jesse Limon

Licensed Real Estate Salesperson
Tel: (212) 430-5291
Fax: (212) 430-5110

Retail
Manhattan

License: IN RB14048415
License: NY 10401271892

Contact

Affiliations
Expertise
Professional History
Education
Key Accomplishments

International Council of Shopping Centers

- National Retail Group

Indiana University, Bachelor’s degree in Accounting with an Emphasis on Economics

Listed Properties

Kohl's

Net Leased Drug Store

$9,400,000
Nicholasville, KY

Walgreens Abs. NNN - 13-Year Lease - Bristol, CT (Home to ESPN)

Net Leased Drug Store

$7,865,000
Bristol, CT

Harbor Freight NeT Lease w/ Upside

Net Leased Dry Good

$1,904,631
Madisonville, KY
Dollar General Net Lease with 10% Increases

Net Leased Discount

$588,000
White Pine, TN

Private Listings

Transactions Closed

240 Greenwich Avenue

Office & Retail

Greenwich, CT
Price: $27,500,000
Size: 41,500 sqft
Cap Rate: 3.57%
Long Island Retail Center

Shopping Neighborhood

Long Island, NY
Price: $23,600,000
Size: 38,500 sqft
Cap Rate: 5.10%
CVS - Coral Way & SW 67th Ave

Net Leased Drug Store

West Miami, FL
Price: $12,500,000
Size: 13,103 sqft
Cap Rate: 4.83%
Food Bazaar Supermarket

Net Leased Grocery Store

Mount Vernon, NY
Price: $11,000,000
Size: 57,399 sqft
Cap Rate: 6.55%
Petco & Staples

Shopping Strip

New Hyde Park, NY
Price: $10,100,000
Size: 31,301 sqft
Size: 02 units
Cap Rate: 7.09%
CVS Pharmacy

Net Leased Drug Store

Long Branch, NJ
Price: $9,250,000
Size: 12,900 sqft
Cap Rate: 5.20%
Walgreens - University of Kentucky (24 hrs)

Net Leased Drug Store

Lexington, KY
Price: $8,396,000
Size: 14,820 sqft
Cap Rate: 5.55%
Walgreens

Net Leased Drug Store

Pelham, NH
Price: $8,355,555
Size: 14,640 sqft
Cap Rate: 5.62%
Morristown Medical Arts Center

Office Medical

Morristown, NJ
Price: $8,350,000
Cap Rate: 7.20%
Author Solutions Corporate HQ

Single-Tenant Office

Bloomington, IN
Price: $8,300,000
Size: 51,735 sqft
Cap Rate: 9.07%
CVS Pharmacy

Net Leased Drug Store

Philadelphia, PA
Price: $8,170,000
Size: 13,000 sqft
Cap Rate: 5.19%
Walgreens

Net Leased Drug Store

Hazelwood (ST. LOUIS MSA), MO
Price: $7,980,000
Size: 14,820 sqft
Cap Rate: 6.16%
Walgreens Absolute NNN with 10% Increases in NYC M

Net Leased Drug Store

Jersey City, NJ
Price: $7,200,000
Size: 15,120 sqft
Cap Rate: 5.25%
Rite Aid

Net Leased Drug Store

Mc Kees Rocks, PA
Price: $7,108,864
Size: 11,186 sqft
Cap Rate: 6.25%
Washington Lawndale Commons

Shopping Community

Evansville, IN
Price: $6,900,000
Size: 331,912 sqft
Cap Rate: 11.17%
Walgreens

Net Leased Drug Store

Waxhaw, NC
Price: $6,754,200
Size: 14,820 sqft
Cap Rate: 5.88%
Jefferson Square Shopping Center

Shopping Community

Pine Bluff, AR
Price: $6,700,000
Size: 316,268 sqft
Cap Rate: 15.06%
Walgreens

Shopping Neighborhood

El Centro, CA
Price: $6,570,000
Size: 14,490 sqft
Cap Rate: 5.49%
Walgreens - Broad Ripple Village

Net Leased Drug Store

Indianapolis, IN
Price: $6,400,000
Size: 14,490 sqft
Cap Rate: 6.00%
CVS

Net Leased Drug Store

Saint Joseph, MI
Price: $6,268,000
Size: 13,225 sqft
Cap Rate: 5.19%
Walgreens | 18-Yr. NNN

Net Leased Drug Store

Colorado Springs, CO
Price: $6,239,000
Size: 14,820 sqft
Cap Rate: 5.85%
Main & Meridian

Urban-High Street Retail

Carmel, IN
Price: $6,150,000
Size: 15,000 sqft
Size: 05 units
Cap Rate: 7.60%
Bank of America (Ground Lease)

Net Leased Bank

Fredericksburg, VA
Price: $6,000,000
Size: 59,590 sqft
Cap Rate: 4.68%
CVS Pharmacy

Net Leased Drug Store

Louisville, KY
Price: $5,925,903
Size: 13,225 sqft
Cap Rate: 5.70%
NNN Industrial Sale Leaseback - 10 Year Absolute

Single-Tenant Industrial

South Bend, IN
Price: $5,640,750
Size: 80,000 sqft
Cap Rate: 7.84%
222 East 58th Street

Urban-High Street Retail

New York, NY
Price: $5,600,000
Size: 4,250 sqft
Cap Rate: 5.17%
Walgreens

Net Leased Drug Store

Groton, CT
Price: $5,450,000
Size: 14,490 sqft
Cap Rate: 6.06%
Author Solutions HQ

Single-Tenant Office

Bloomington, IN
Price: $4,800,000
CVS

Retail Vacant/User

Shelbyville, KY
Price: $4,682,109
Size: 13,361 sqft
Cap Rate: 6.21%
BB&T Bank

Net Leased Bank

Mullica Hill, NJ
Price: $4,432,500
Size: 5,866 sqft
Cap Rate: 5.05%
Spring Valley Manufactured Home Community

Mobile Home Park

Indianapolis, IN
Price: $4,400,000
Size: 266 units
Cap Rate: 12.98%
Sleep Number | Jimmy John's | Experimac |Prime NNN

Shopping Strip

Pittsburgh, PA
Price: $4,350,000
Size: 7,380 sqft
Cap Rate: 7.54%
Olive Garden

Shopping Neighborhood

Danvers, MA
Price: $4,330,000
Size: 7,441 sqft
Cap Rate: 5.50%
Knowledge Beginnings

Net Leased Child Care

Tewksbury, MA
Price: $4,082,500
Size: 20,499 sqft
Cap Rate: 6.86%
Sherwin Williams & Moe's Southwest Grill with 10%

Shopping Neighborhood

Zionsville, IN
Price: $4,050,000
Cap Rate: 6.97%
Olive Garden

Shopping Neighborhood

Stoughton, MA
Price: $3,945,000
Size: 7,685 sqft
Cap Rate: 5.45%
CVS/Pharmacy (Zero Cash Flow)

Net Leased Drug Store

Waretown, NJ
Price: $3,826,924
Size: 13,092 sqft
Cap Rate: 9.04%
Applebees

Shopping Neighborhood

Asheville, NC
Price: $3,800,000
Size: 4,995 sqft
Cap Rate: 6.09%
Applebee's - 15-Year NNN

Net Leased Restaurant

Wake Forest, NC
Price: $3,800,000
Size: 5,528 sqft
Cap Rate: 6.26%
Walgreens

Net Leased Drug Store

Richmond, VA
Price: $3,705,000
Size: 13,905 sqft
Cap Rate: 8.50%
Burlington Plaza West

Shopping Community

Burlington, IA
Price: $3,700,000
Size: 88,118 sqft
Cap Rate: 10.02%
Gander Outdoors 14 Yr. Lease | Camping World Holdi

Net Leased Miscellaneous

Fort Wayne, IN
Price: $3,660,000
Size: 31,080 sqft
Cap Rate: 7.50%
Chipotle | Five Guys | Mattress Firm

Shopping Strip

Michigan City, IN
Price: $3,643,000
Size: 8,574 sqft
Cap Rate: 7.15%
Walgreens

Net Leased Drug Store

Portage (Chicago MSA), IN
Price: $3,635,000
Size: 13,905 sqft
Cap Rate: 7.79%
Applebee's

Net Leased Restaurant

Winston-Salem, NC
Price: $3,603,000
Size: 5,574 sqft
Cap Rate: 6.00%
Capital One

Net Leased Bank

Fort Worth, TX
Size: 3,535 sqft
Cap Rate: 4.72%
Panera Corp. w/ 13 Yr Lease and 10% Bumps (2% Buye

Net Leased Restaurant

Shepherdsville, KY
Price: $3,070,000
Cap Rate: 5.37%
Infinisource Headquarters

Single-Tenant Office

Coldwater, MI
Price: $3,000,000
Size: 45,025 sqft
Cap Rate: 12.59%
Applebee's

Net Leased Restaurant

Coldwater, MI
Price: $2,900,000
Size: 4,470 sqft
Cap Rate: 7.04%
Childtime Learning Centers

Net Leased Child Care

Tustin, CA
Price: $2,800,000
Size: 6,653 sqft
Cap Rate: 6.00%
Fairview Shopping Center

Shopping Strip

Kendallville, IN
Price: $2,785,000
Size: 110,409 sqft
Cap Rate: 10.12%
Southport Professional Centre

Office Medical

Indianapolis, IN
Price: $2,700,000
Cap Rate: 8.86%
Starbucks Panera Strip Center

Shopping Strip

Poughkeepsie, NY
Price: $2,530,000
Size: 7,033 sqft
Cap Rate: 6.82%
Niles Plaza

Shopping Regional

Niles, MI
Price: $2,475,000
Size: 15,128 sqft
Cap Rate: 9.02%
Childtime Learning Centers

Net Leased Child Care

Alhambra, CA
Price: $2,400,000
Size: 6,771 sqft
Cap Rate: 6.75%
3B Tech Building

Single-Tenant Industrial

South Bend, IN
Price: $2,238,000
Size: 57,040 sqft
Cap Rate: 8.92%
Burger King

Net Leased Restaurant

Owensboro, KY
Price: $2,236,364
Size: 2,860 sqft
Cap Rate: 6.05%
Dollar General

Net Leased Discount

Lehigh Acres, FL
Price: $2,224,000
Size: 9,002 sqft
Cap Rate: 6.30%
Pier 1 Imports - New 10 Year Lease Extension

Net Leased Miscellaneous

Palm Harbor, FL
Price: $2,200,000
Size: 8,000 sqft
Cap Rate: 6.00%
Dollar General Absolute NNN - Florida Tax Free Sta

Net Leased Discount

Lehigh Acres, FL
Price: $2,175,000
Size: 9,002 sqft
Cap Rate: 6.44%
Lighthouse Plaza & Annex with AT&T and Wild Bill's

Shopping Strip

Niles, MI
Price: $2,175,000
Cap Rate: 8.52%
Family Dollar

Shopping Community

Lindenwold, NJ
Price: $2,159,000
Size: 8,320 sqft
Cap Rate: 6.30%
The Village

Shopping Community

Gary, IN
Price: $2,100,000
Size: 304,726 sqft
Cap Rate: 7.64%
Childtime Learning Centers

Net Leased Child Care

Garden Grove, CA
Price: $1,920,000
Size: 8,317 sqft
Cap Rate: 7.50%
Hardee's Corp. NNN 12-Year Lease

Net Leased Restaurant

White House, TN
Price: $1,875,000
Cap Rate: 6.45%
Erskine Plaza

Shopping Strip

South Bend, IN
Price: $1,825,000
Size: 8,120 sqft
Size: 04 units
Cap Rate: 8.36%
Arby's

Net Leased Restaurant

Warren, MI
Price: $1,800,000
Size: 1,312 sqft
Cap Rate: 6.33%
Starbucks | Prime Infill Atlanta MSA (Conyers)

Net Leased Restaurant

Conyers, GA
Price: $1,739,000
Size: 2,200 sqft
Cap Rate: 6.26%
Starbucks in College Town STNL - Purdue University

Net Leased Restaurant

Lafayette, IN
Price: $1,670,000
Size: 1,824 sqft
Size: 01 units
Cap Rate: 5.75%
Rivergate Shopping Center

Shopping Community

Shelbyville, IN
Price: $1,575,000
Size: 133,086 sqft
Family Farm & Home

Net Leased Miscellaneous

Swartz Creek, MI
Price: $1,540,000
Size: 25,000 sqft
Dollar General NNN

Net Leased Discount

Live Oak, FL
Price: $1,540,000
Size: 9,121 sqft
Cap Rate: 6.60%
Dollar General New Construction NNN

Net Leased Discount

McClellandtown, PA
Price: $1,500,000
Size: 9,100 sqft
Size: 01 units
Wendy's - Meritage Hospitality Group

Net Leased Restaurant

Battle Creek, MI
Price: $1,500,000
Size: 2,703 sqft
Cap Rate: 6.87%
Family Dollar (Detroit MSA)

Net Leased Discount

Ecorse, MI
Price: $1,363,000
Size: 8,400 sqft
Kings Plaza

Shopping Community

Richmond, IN
Price: $1,350,000
Size: 102,788 sqft
Cap Rate: 21.75%
Dollar General

Net Leased Discount

Indianapolis, IN
Price: $1,343,470
Size: 9,100 sqft
Cap Rate: 6.50%
Dollar General - NNN

Net Leased Department Store

Warren, IN
Price: $1,341,775
Size: 10,566 sqft
Cap Rate: 7.10%
Burger King

Net Leased Restaurant

Farmville, NC
Price: $1,172,355
Size: 3,091 sqft
Cap Rate: 6.50%
20-Yr. Burger King Ground Lease

Net Leased Restaurant

Walton, KY
Price: $1,165,050
Size: 2,811 sqft
Cap Rate: 5.15%
Childtime Child Care

Net Leased Child Care

Canton, MI
Price: $1,120,000
Size: 6,810 sqft
Cap Rate: 7.81%
New 15-Year NNN Dollar General

Net Leased Discount

Coushatta, LA
Price: $1,094,000
Size: 9,100 sqft
Cap Rate: 7.10%
Steak N Shake

Net Leased Restaurant

Kokomo, IN
Price: $1,080,000
Size: 5,084 sqft
Cap Rate: 5.56%
Brand New Dollar General (All Block & Stucco)

Net Leased Discount

Union Hall (Rocky Mount), VA
Price: $1,042,500
Size: 9,100 sqft
Cap Rate: 7.67%
Family Dollar New Construction

Net Leased Discount

Capac, MI
Price: $1,030,000
Size: 8,000 sqft
Rural King

Net Leased Dry Good

Decatur, IN
Price: $1,000,000
Size: 72,133 sqft
Dollar General Brooklyn

Net Leased Discount

Brooklyn, MI
Price: $964,000
Size: 9,014 sqft
Cap Rate: 8.44%
Childtime Learning Centers

Net Leased Child Care

Tucson, AZ
Price: $960,000
Size: 6,381 sqft
Cap Rate: 10.0%
Dollar General St. Louis

Net Leased Discount

Saint Louis, MI
Price: $923,000
Size: 9,014 sqft
Cap Rate: 8.45%
Dollar General Ionia

Net Leased Discount

Ionia, MI
Price: $912,000
Size: 9,735 sqft
Cap Rate: 8.75%
O'Reilly Auo Parts - 13 Years Remaining w/ Upsid

Net Leased Auto Parts

Elkhart, IN
Price: $910,000
Size: 14,500 sqft
Cap Rate: 7.05%
Dollar General

Net Leased Discount

South Bend, IN
Price: $765,000
Size: 9,014 sqft
Family Dollar

Net Leased Discount

Trafalgar (Indianapolis MSA), IN
Price: $700,000
Size: 9,180 sqft
Tractor Supply Co.

Net Leased Dry Good

Columbia City, IN
Price: $675,000
Size: 32,970 sqft
PRIME GRAPE ROAD RETAIL | FORMERLY PC DIRECT (DELI

Retail Vacant/User

Mishawaka, IN
Price: $610,000
Size: 11,974 sqft
Cap Rate: -3.45%
Sherwin-Williams

Net Leased Miscellaneous

Elkhart, IN
Price: $605,000
Size: 4,800 sqft
Brazy Building

Mixed-Use Vacant/User

South Bend, IN
Price: $155,000
Size: 12,000 sqft