Press Releases
Marcus & Millichap Arranges $8.4M Sale of 8-Suite Retail Property in Middleburg, Florida
April 15, 2026
MIDDLEBURG, Fla., April 15, 2026 – 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 17,400-square-foot, eight-suite retail center in Middleburg, Florida. The property sold for $8,405,000.
“We’re proud to have represented the seller in bringing this transaction to a successful close,” said Zack House, senior managing director investments. “This asset generated strong interest given its location within a growing market and solid underlying fundamentals.”
House, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, in association with Ryan Nee, Marcus & Millichap’s Florida broker of record, had the exclusive listing to market the property on behalf of the seller, a Delaware LLC, and procured the buyer, a New York LLC.
The property is situated on 3.18 acres at 1690 Jeremiah St. within the Clay Town Center mixed-use development, which includes retail, hotels, restaurants, professional offices, residential and self-storage. Built in 2025, the property is fully leased to a diverse tenant mix on new triple-net leases, including Mattress Warehouse, Firehouse Subs, Domino’s and Wingstop, and is surrounded by national retailers such as Walmart, Lowe’s, ALDI and The Home Depot.
“We’re proud to have represented the seller in bringing this transaction to a successful close,” said Zack House, senior managing director investments. “This asset generated strong interest given its location within a growing market and solid underlying fundamentals.”
House, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, in association with Ryan Nee, Marcus & Millichap’s Florida broker of record, had the exclusive listing to market the property on behalf of the seller, a Delaware LLC, and procured the buyer, a New York LLC.
The property is situated on 3.18 acres at 1690 Jeremiah St. within the Clay Town Center mixed-use development, which includes retail, hotels, restaurants, professional offices, residential and self-storage. Built in 2025, the property is fully leased to a diverse tenant mix on new triple-net leases, including Mattress Warehouse, Firehouse Subs, Domino’s and Wingstop, and is surrounded by national retailers such as Walmart, Lowe’s, ALDI and The Home Depot.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
