Marcus & Millichap Brokers $2.6 Million Sale of Fully Leased Retail Property in Milford, Ohio

Reuters
22 May
Marcus & Millichap Brokers $2.6 Million Sale of Fully Leased Retail Property in Milford, Ohio

Marcus & Millichap Inc., a leading commercial real estate brokerage firm, announced the successful sale of a retail property in Milford, Ohio, valued at $2.6 million. The property, located at 922 and 932 State Route 28, comprises eight retail suites fully occupied by a mix of national and local tenants, including Papa John's, CheckSmart, and Q-Nail. The sale highlights strong investor demand for internet-resistant retail spaces in suburban markets. With its strategic location along a high-traffic corridor and proximity to major retailers, the property offers stable, management-light income, appealing to yield-focused investors.

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