MARCUS & MILLICHAP BROKERS FIVE PAD SALES AT DELAWARE SHOPPING CENTER

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DOVER, DEL. — Marcus & Millichap has represented developer Camden Town Center LLC in the sale of five ground-leased pad sites at the Camden Town Center shopping center in Dover. Texas Roadhouse sold for $1.53 million.Applebee's Neighborhood Bar & Grill sold for $1.25 million. Chick-fil-A sold for $1.24 million. WSFS Bank sold for $1.07 million. Finally, Dunkin' Donuts sold for $930,000. The properties traded at an average cap rate of 6.73 percent. The buyers were not released.

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