Marcus & Millichap announced the sale of Starbucks | T-Mobile Center, a 11,904-square foot retail property in Matteson, Illinois, according to Steven D. Weinstock, first vice president / regional manager / managing broker of the firm’s Chicago Oak Brook office. The asset sold for $6,110,000.
Austin Weisenbeck and Sean R. Sharko, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Starbucks | T-Mobile Center sold at 96 percent of original list price. Construction on this brand new, 11,904-square foot shopping center was completed in 2014. The center is comprised of a 4,504-square foot stand-alone Sleepy’s mattress store and a three-tenant strip center which is 100 percent occupied by Starbucks, T-Mobile and Giordano’s Pizza.