Marcus & Millichap closed the sale of a 12,500-square-foot net-leased Rite Aid property in Belleville, Michigan. The property sold for more than $4.13 million.
Zach Turner, Erin E. Patton, Scott Wiles and Craig Fuller, investment specialists in Marcus & Millichap’s Columbus and Cleveland offices, had the exclusive listing to market the property on behalf of the seller, an international investment fund. Steve Chaben, Michigan Broker of Record, assisted in closing this transaction.
Rite Aid is located at 51341 W. Huron River Drive in Belleville, a suburb of the greater Detroit area.