Marcus & Millichap arranges sale of triple net lease BioLife in Dallas

Marcus & Millichap announced the sale a 14,150-square foot net lease property located in Harker Heights, Texas.

Senior Managing Directors Austin Weisenbeck, and Sean R. Sharko, and Associate Daniel Chumbley had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, a private investment group, was secured and represented by Weisenbeck and Sharko. Tim Speck assisted in closing this transaction.

Situated at 875 W Central Texas Expressway in Harker Heights, Texas, this 14,150-square foot BioLife property stands prominently positioned conveniently off U.S. Highway 190, where a substantial flow of 53,619 vehicles per day passes. The property boasts a triple net lease with 14 years remaining and a Takeda Pharmaceuticals guarantee.