Marcus & Millichap Arranges $3.7 Million Sale of Retail Property in Cleveland

Tenants including Subway and Sally Beauty Supply occupy Cleveland Retail Center. Tenants including Subway and Sally Beauty Supply occupy Cleveland Retail Center.

Cleveland — Marcus & Millichap has arranged the sale of Cleveland Retail Center, a 17,070-square-foot property located in Cleveland, for $3.7 million.

Built in 2007, the property is at the main entrance to a Super Walmart and is 100 percent occupied. Tenants include Buddy’s Furniture, Subway, Mann Eye Center, Edward Jones, Sally Beauty Supply and Advance Cash America. Kelley Workman and Jerry Goldstein of Marcus & Millichap had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer was a private investor who was completing a 1031 exchange transaction.

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