REBusinessOnline

Marcus & Millichap Brokers $2.4M Sale of Retail Property Near Philadelphia

800 N. Eagle Road in Havertown

HAVERTOWN, PA. — Marcus & Millichap has brokered the sale of a 2,735-square foot, retail property located at 800 N. Eagle Road in Havertown. The net-leased property, which was renovated in 2017, sold for $2.4 million or approximately $877 per square foot. Mark Taylor, Shannon Bona and Derrick Dougherty of Marcus & Millichap represented the seller, a partnership, in the transaction. The undisclosed buyer acquired the property as part of a 1031 exchange. The current tenants at the property are convenience store Swiss Farms and Tony Roni’s, a pizzeria.

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