A 8,791 SF Retail Property Just Listed For $4.5M In Homestead

1/23/19

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the exclusive listing of Homestead Chevron, a 8,791-square foot retail property located in Homestead, FL, according to Scott Lunine, Regional Manager of the firm’s Miami office. The asset is currently listed for $4,500,000.

“Today, a good performing gas station is extremely hard to find as most have been chased and bought by large distributors who have cornered the market. “says Alaoui.

Homestead Chevron is located at 1360 W Mowry Dr in Homestead, FL. Built in 1997 on a 31,374 Sq. Ft signalized corner lot, this Chevron is one of the best performing gas stations in the area with C-store sales topping $2.5M/ year in addition to solid Gasoline/ diesel sales.

Michael Alaoui, an investment specialist in Marcus & Millichap’s Miami office, has the exclusive listing to market the property on behalf of the seller, a limited liability company.

About Marcus & Millichap (NYSE: MMI)

With over 1,800 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 2017 with a value of approximately $42.2 billion. Marcus & Millichap 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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