Marcus & Millichap Negotiates $2.8M Sale of New Tallahassee Retail Building Leased to Mavis Discount Tire
TALLAHASSEE, FLA. — Marcus & Millichap has arranged the $2.8 million sale of a 7,403-square-foot retail building in Tallahassee leased to Mavis Discount Tire. The building is located at 205 Magnolia Drive, two miles from downtown Tallahassee. The building was constructed in May 2018. Don McMinn of Marcus & Millichap represented the seller, Palmetto Tallahassee-Magnolia DR LLC, in the transaction. Steve Savlov of Salov Properties LLC represented the buyer, Roebling Investment Co. Inc.