Press Releases
Marcus & Millichap Announces the Sale of Dollar General, a 7,489-Square-Foot Net-Leased Property in Illinois
November 14, 2023
KANSAS, Illinois, November 14, 2023 – 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 a 7,489-square-foot Dollar General located in Kansas, Illinois. The asset sold for $1,075,000.
Dustin Javitch, Craig Fuller, Erin E. Patton and Scott Wiles, investment specialists in Marcus & Millichap’s Cleveland and Columbus office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer was secured and represented by Maria DeAngelis, an investment specialist in Marcus & Millichap’s New Haven office. Steven Weinstock, Senior Vice President, and Illinois Broker of Record, assisted in closing this transaction.
Dustin Javitch, lead agent on the deal, had the following to say regarding the transaction, “We were successful in facilitating a fast and smooth closing with an all-cash 1031 exchange buyer.”
Dollar General is located at 504 Water Street in Kansas, Illinois.
Dustin Javitch, Craig Fuller, Erin E. Patton and Scott Wiles, investment specialists in Marcus & Millichap’s Cleveland and Columbus office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer was secured and represented by Maria DeAngelis, an investment specialist in Marcus & Millichap’s New Haven office. Steven Weinstock, Senior Vice President, and Illinois Broker of Record, assisted in closing this transaction.
Dustin Javitch, lead agent on the deal, had the following to say regarding the transaction, “We were successful in facilitating a fast and smooth closing with an all-cash 1031 exchange buyer.”
Dollar General is located at 504 Water Street in Kansas, Illinois.
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About Marcus & Millichap, Inc. (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, 2023, the company had 1,783 investment sales and financing professionals in over 80 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 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
