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 Taco Bell, a 2,700-square-foot net-leased property located in Bonaire, Georgia. The asset sold for $2,415,000.
The buyer, a limited liability company, was procured by Chris Lind and Mark Ruble, investment specialists in Marcus & Millichap’s Phoenix office. John Leonard, Georgia broker of record, assisted in closing this transaction.
“The buyer purchased the asset given it is a brand new, relocation site and a 25-year lease.” commented Lind, “Additionally, the property is on the hard corner as an outparcel to a busy Publix-anchored retail center with one of the largest Taco Bell operators in the country.” Taco Bell is located at 510 GA-247 in Bonaire, Georgia.
About Marcus & Millichap (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, 2021, the company had 1,994 investment sales and financing professionals in 82 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 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.
