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Mobile, Ala. — Marcus & Millichap has arranged the $11.2 million sale of a 41,117-square-foot Walmart Neighborhood Market located in Mobile.
The store is situated less than two miles from the University of South Alabama and features a 20-year lease term with Walmart. Glen Kunofsky and Mike James of Marcus & Millichap represented the seller, a major national developer, in the transaction.