Robert Pliska, managing director with Sperry Van Ness/Property Investment Advisors, LLC, recently arranged a $6.4 million sale of the 50,000-square-foot Polly’s Country Market in Chelsea, Mich.
The sales price equates to an 8 cap rate at $128 a square foot.
Marsolin Holdings, LLC, a local investor, purchased the regional grocery store.
The seller, a trust from Pontiac, Mich., was represented by Pliska.