Press Releases
Marcus & Millichap Brokers $3.4M Sale of Five-Suite Retail Strip in Hutchinson, Kansas
August 18, 2025
HUTCHINSON, Kan., Aug. 18, 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 401 E. 4th Ave., a four-suite retail strip and a Dillon’s Fuel Station Ground Lease in Hutchinson, Kansas. The 50,420-square-foot property is leased to national tenants including Planet Fitness, Dollar Tree and Dillon’s Fuel Station. It sold for $3,415,000.
Mark Ruble, Chris Lind and Zack House, investment specialists in Marcus & Millichap’s Phoenix office, in association with Colby Haugness, Marcus & Millichap’s broker of record in Kansas, had the exclusive listing to market the property on behalf of the seller, a Kansas limited liability company.
Built in 1968, the 50,420-square-foot property sits on 3.98 acres adjacent to downtown Hutchinson. Located one mile south of Hutchinson High School and Hutchinson Community College, the center serves a population of more than 46,000 residents within a five-mile radius.
Mark Ruble, Chris Lind and Zack House, investment specialists in Marcus & Millichap’s Phoenix office, in association with Colby Haugness, Marcus & Millichap’s broker of record in Kansas, had the exclusive listing to market the property on behalf of the seller, a Kansas limited liability company.
Built in 1968, the 50,420-square-foot property sits on 3.98 acres adjacent to downtown Hutchinson. Located one mile south of Hutchinson High School and Hutchinson Community College, the center serves a population of more than 46,000 residents within a five-mile radius.
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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.
