Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Wawa, a 6,119-square foot net-leased property located in Mount Dora, Fla, according to Sean Beuche, Regional Manager of the firm’s Philadelphia office. The asset sold for $4,400,000.

The buyer, a private partnership, was secured and represented by Howard Levy and Mark Taylor, investment specialists in Marcus & Millichap’s King of Prussia and Philadelphia offices with assistance from Florida District Manager, Ryan Nee.

Wawa is located at 17700 US Hwy 441 in Mount Dora, Fla. The transaction was somewhat complex as the actual WAWA store has not yet been built, partially due to COVID delays, but rent has commenced on the ground. WAWA is in the process of finalizing its plans to build.

About Marcus & Millichap (NYSE: MMI)

With over 2,000 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 9,726 transactions in 2019 with a value of approximately $50 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.