Marcus & Millichap Brokers $4.2M Sale of Net-Leased Retail Property South of Minneapolis

by Christina Cannon

APPLE VALLEY, MINN. — Marcus & Millichap has brokered the $4.2 million sale of a 10,850-square-foot net-leased property in Apple Valley, approximately 20 miles south of Minneapolis. Prestige Preschool Academy occupies the building located at 15848 Emperor Ave. Sean Doyle, Adam Prins, Matthew Hazelton and Cory Villaume of Marcus & Millichap listed the property on behalf of the seller, a developer. The team, along with Josh Talberg, also procured the buyer, a personal trust.

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