Marcus & Millichap closed the sale of an 30,000-square-foot Office Depot-anchored retail center in Woodhaven, Michigan.
The property sold for $1.925 million.
Ashish Vakhariya, Darin Gross and Seth Haron, investment specialists in Marcus & Millichap’s Detroit office, faciltated the transaction between the buyer and seller.
The Office Depot Center is a multi-tenant retail center in Woodhaven. The property is 58 percent occupied by Office Depot and 42 percent vacant.
During the last 24 months, Vakhariya, Gross and Heron have sold or have under contract to sell $130 million of retail and medical office investment properties.
