Marcus & Millichap recently closed the sale of a 40,448-square-foot multi-tenant retail property in Greeneville, Tennessee. The asset sold for $2.35 million.
Dominic Sulo, senior vice president investments, and Brett Winger, associate, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a New Jersey limited liability company.
The buyer, a Tennessee limited liability company, was secured and represented by Sulo and Samuel Malato, associate. Jody McKibben, Tennessee Broker of Record, assisted in closing this transaction.
Greeneville Shopping Center is located at 1665 E. Andrew Johnson Highway in Greeneville. The Sulo Group exclusively represented the seller and procured the buyer. The property has significant value-add opportunity and is situated near a stoplight intersection with strong traffic counts.
