Sep
10
Marcus & Millichap Closes Retail Sale in Atlanta Area
ByThe company’s retail group brokered the $8.6 million transaction of a Class A asset located in Dunwoody, some 20 minutes away from downtown.
Marcus & Millichap arranged the sale of a 10,350-square-foot retail property located at 4585 & 4595 Ashford Dunwoody Rd. in Dunwoody, Ga. A private investor from Santa Monica, Calif., bought the asset from an undisclosed LLC based in Atlanta, for $8.6 million.
PRIME RETAIL LOCATION
The Class A building is part of the Sterling Pointe development, which encompasses 25,000 square feet of retail and hotel space, including a 132-key Hampton Inn & Suites. The property, which has Corner Bakery Café and Sleep Number as tenants, was completed in 2016 and sits on roughly 1.5 acres of land…
