Press Releases
Marcus & Millichap Arranges $4.6M Sale of 26-Unit Retail Property in Columbus, Indiana
July 01, 2025
COLUMBUS, Ind., July 1, 2025 – 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 Holiday Center, a four parcel, 26-unit retail strip property in Columbus, Indiana, for $4.6 million.
“Holiday Center presented a rare opportunity to acquire a fully leased retail asset with immediate cash flow and long-term upside,” said Forest Bender, managing director investments. “The new ownership plans to enhance income through strategic leasing and explore potential outlot development. Columbus continues to demonstrate strong demand for well-located retail centers, especially properties of this vintage.”
Bender and Joseph DiSalvo, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the Indiana-based seller.
Holiday Center is a fully occupied, 59,117-square-foot, four-building retail plaza located at 3850–3996 25th Street. Positioned along a major commercial corridor with high traffic counts, the property features a diverse mix of national, regional and local tenants.
“Holiday Center presented a rare opportunity to acquire a fully leased retail asset with immediate cash flow and long-term upside,” said Forest Bender, managing director investments. “The new ownership plans to enhance income through strategic leasing and explore potential outlot development. Columbus continues to demonstrate strong demand for well-located retail centers, especially properties of this vintage.”
Bender and Joseph DiSalvo, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the Indiana-based seller.
Holiday Center is a fully occupied, 59,117-square-foot, four-building retail plaza located at 3850–3996 25th Street. Positioned along a major commercial corridor with high traffic counts, the property features a diverse mix of national, regional and local tenants.
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
