Marcus & Millichap closed the sale of Pawnee Plaza, a 6,000-square-foot-retail property in Wichita, Kansas. The asset sold for $780,000.
Zachary Turner, Scott Wiles, Erin E. Patton 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, a limited liability company. The buyer, a limited liability company, was also secured by Turner, Wiles, Patton and Fuller. Colby Haugness, Kansas broker of record, assisted in closing this transaction.
Pawnee Plaza is located at 407 E Pawnee St. in Wichita, and shadowed by the only Walmart Supercenter within a seven-mile radius. The subject property was built in 2009 and is occupied by Rent One, a regional rent-to-own company with 109 locations across eight states, and Great Wall Restaurant.
