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MARCUS & MILLICHAP ARRANGES $6.3 MILLION DRUG STORE SALE

NORTH CONWAY, N.H. — Marcus & Millichap has arranged the sale of The North Conway Property, a 14,000-square-foot, net-leased drug store located in North Conway, for $6.3 million. Ben Sgambati, Michael Lombardi and Todd Tremblay, represented the seller; the buyer was secured and represented by Sgambati and Lombardi. Both parties were undisclosed. The property sold at a cap rate of 6.45 percent.

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