Press Release brought to you by Marcus & Millichap

MARCUS & MILLICHAP ARRANGES THE SALE OF A 3,376-SQUARE-FOOT NET-LEASED PROPERTY

02/10/2016

BESSEMER, ALABAMA, February 10, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Arby's, a 3,376-square foot net-leased property located at 3990 Methodist Circle in Bessemer, Alabama, according to Craig R. Swanson, regional manager of the firm’s Austin office.

Douglas Diffie, Bruce Bentley III and Eddie Greenhalgh, investment specialists in Marcus & Millichap’s Austin office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  Eddie Greenhalgh, Broker, assisted in closing this transaction.

Built in 2000, Arby's operates on an absolute net lease that has no landlord responsibilities.

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About Marcus & Millichap (NYSE: MMI)

With over 1,500 investment professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 7,600 transactions in 2014 with a value of approximately $33.1 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

 

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Marcus & Millichap

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