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MARCUS & MILLICHAP BROKERS $2.26 MILLION SALE OF 7,575-SQUARE-FOOT FACILITY

Posted on by in Midwest, Retail

MANHATTAN, KAN. — Marcus & Millichap has brokered the approximately $2.26 million sale of a single-tenant Bridgestone/Firestone facility in Manhattan. Bridgestone/Firestone signed a 15-year, triple-net lease with 10 percent rent increases every 5 years. The 7,575-square-foot building is shadow-anchored by a Wal-Mart Supercenter. Evan Halkias and Michael Marks of Marcus & Millichap’s Downtown Chicago office represented the seller; Brian Parmacek and Steven Rachman, also of Marcus & Millichap’s Downtown Chicago office, represented the buyer in the transaction.

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