Marcus & Millichap has successfully closed the sale of a 9,100-square-foot net-leased property in Toluca, Illinois. The Dollar General asset was sold for $1,093,000.
The investment specialists at Marcus & Millichap’s Cleveland and Columbus offices – Dustin Javitch, Craig Fuller, Erin Patton and Scott Wiles – were exclusively responsible for marketing the property on behalf of a private investor. Jeremie Johnson and Nathan Whalen from Marcus & Millichap’s Indianapolis office represented the buyer in this transaction. Steven Weinstock also assisted as Illinois Broker of Record.
Conveniently located at 710 IL-117 just 30 miles from Peoria with easy access to Interstate 39 and Illinois Route 17 , Dollar General attracted a local buyer through its strong net lease offering. According to lead agent Dustin Javitch: “Despite current challenges within the net-leased sector market activity we were able to secure a contract within three weeks.”
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