Marcus & Millichap negotiated the sale of Dollar General, a 9,026-square-foot net-leased property in Otisville, Michigan. The asset sold for $1.176 million.
Karl Hinkel, Dan Yozwiak and Darpan Patel, investment specialists in Marcus & Millichap’s Columbus and Tampa offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company. Steve Chaben, Michigan Broker of Record, assisted in closing this transaction.
Dollar General is located at 292 S. State St. in Otisville. The property is situated on a 1.2-acre parcel with two points of ingress and sidewalk access. Otisville is 80 minutes from downtown Detroit.