Marcus & Millichap Arranges the Sale of A 8,136 SF Net-leased Property

7/6/17

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of DaVita Dialysis, a 8,136-square foot net-leased property located in Frisco, Texas, according to Kyle Palmer, regional manager of the firm’s Fort Worth office.

Philip Levy, Senior Managing Director Investments, and Chris Gainey, Senior Associate in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a private investor.

DaVita Dialysis is located at 6116 Sports Village Road in Frisco, Texas. The subject property is situated on 1.59 acres on Sports Village Road just east of the Dallas North Tollway. The property is located in a highly affluent area, with a one mile average household income of $128,750. The population is over 155,500 residents within five miles of the property. Neighboring national and regional tenants include Hampton Inn & Suites, Rudy’s Country Store, Comfort Suites, The Blue Goose Cantina, Cinemark Theaters and Babe's Chicken Dinner House.

About Marcus & Millichap (NYSE: MMI)

With over 1,700 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

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