Marcus & Millichap arranges sale of 13,720-SF net-leased property

Marcus & Millichap brokered the sale of a 13,720-square-foot, net-leased property located in Greenville, Texas, according to Steven Ross Chaben, regional manager of the firm’s Detroit office. The asset sold for $2,705,000. Ashish Vakhariya, Darin Gross and Seth Haron, investment specialists in Marcus & Millichap’s Detroit office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Gabriel Britti, Ricardo Esteves and Ronnie Issenberg, investment specialists in Marcus & Millichap’s Miami office Regional Manager, Broker, assisted in closing this transaction. Located at 5010 Wesley Street in Greenville, the building is situated on a 1.93-acre lot. The tenant, CVS Pharmacy, had 11 years remaining on their absolute-net lease term, guaranteed by CVS Health Corporation.