Skip to main content

Press Releases

Marcus & Millichap Arranges The Sale Of A 4,176-Square Foot Net-Leased Property

May 12, 2022

DULUTH, GEORGIA, May 12, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of QuikTrip, a 4,176-square foot net-leased property located in Duluth, Georgia.

“The Knipp Wolf Net Lease Group at Marcus Millichap did an excellent job of marketing and selling a QuikTrip “C Store” in the Atlanta area”, the seller stated. “We received numerous offers in the first week it was offered, and the team far exceeded my expectation. Their marketing and support team kept me updated on information needs making it simple to comply with the terms of the Purchase and Sales Agreement. I highly recommend The Knipp Wolf Net Lease Group.”

Jake Stammen, Associate, Ryan Wolf, First Vice President, and Vincent Knipp, Senior Managing Director, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured by Mr. Stammen, Mr. Wolf and Mr. Knipp.

 

Due to the efforts of the marketing team, The Knipp Group generated 9 offers on this property, and they were able to secure a price well over the asking price.

QuikTrip is located at 3195 Peachtree Industrial Blvd in Duluth, Georgia.


 

#     #     #

About Marcus & Millichap (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.

MM Texture Background