Marcus & Millichap negotiated the sale of an 11-suite retail strip, shadow-anchored by Walmart, in Taylorville, Illinois. The property sold for $3 million.
Adrian Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, private investor based in the Chicagoland area. Phoebe Klein, Sharko and Weisenbeck procured the buyer, a 4th generation, family-owned real estate company based in Michigan.
The 23,240-square-foot center sits on a 3.06-acre parcel at 1514 W. Springfield Road, adjacent to a Walmart that draws nearly 1.9 million annual visitors. Built in 2005, the center features a mix of national and regional service tenants including Dollar Tree and Great Clips. Nearby national retailers include Aldi, Arby’s, Kroger and Starbucks.
