Freestanding Custom Retail Property On .52 Acres Sells For $975,000


Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of a 1,869-square foot Wienerschnitzel, situated on 0.52-acres, in Las Vegas, Nevada. The property sold for $975,000.

Dustin R. Alvino, First Vice President Investments in Marcus & Millichap’s Las Vegas office, represented the seller, a private investor, and also secured the buyer who was based out of Arizona.

The property was purchased with eighty-five percent, loan-to-value financing, sourced by Nick Gray, Director Capital Markets of Marcus & Millichap Capital Corporation.


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