Marcus & Millichap brokered the sale of 4081 W Polk Road, a 16,040-square-foot office property in Hart, Michigan
The property is leased to the Michigan Department of Health & Human Services Family Independence Agency of Oceana County. The asset sold for $925,000, 97% of list price.
Julia Evinger, an investment specialist in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Evinger.
The property was on market for about 30 days. Seller financing was provided by a regional Michigan bank.
Steve Chaben, Michigan Broker of Record, assisted in closing this transaction.
