Net Lease p Tennessee

Marcus & Millichap closes sale of net-lease property in Tennessee

Marcus & Millichap closes sale of net-lease property in Tennessee,ph01

Marcus & Millichap closed the sale of a 2,828-square-foot net-leased property in Sevierville, Tennessee. After multiple offers, the asset closed in less than 45 days from listing and sold for the asking price of $792,000.

Brett Winger, an associate, and Dominic Sulo, first vice president investments, in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller. Jody McKibben assisted in closing the transaction as the broker of record in Tennessee.

AT&T has operated at this 620 Parkway location since 1978.