Type: Net-lease retail · Sale price: $2,300,000 · Closed: March 2022
Net-lease Wendy's (Mount Pleasant) retail investment in Michigan, sold March 2022 for $2,300,000.
2022 LA multifamily held at peak pricing through mid-year, then began the rate-driven repricing that would define 2023.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
Thinking about selling? Get a no-obligation evaluation on your building.
Request Free Evaluation →