Marcus & Millichap Announces $4.5 Million Sale of 7-Eleven Property

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 7-Eleven in Sunrise, Florida. The asset sold for $4,500,000.

Douglas Mandel, Executive Managing Director, along with Zach Levine and Josh Gilbert, both investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, Freidus Jerome Avenue, LLC. The buyer, KEI Acquisitions, LLC, was also procured by Mandel, Levine, and Gilbert.”

The 2,915-square-foot convenience store and gas station, located at 7795 West Oakland Park on 1.1 acres, is just east of the signalized intersection of Oakland Park Boulevard and University Drive. It’s in proximity to Interstate-95, Florida’s Turnpike, and Sawgrass Expressway, and adjacent to a Walmart supercenter. 

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, 2022, the company had 1,904 investment sales and financing professionals in 81 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 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit www.MarcusMillichap.com.