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 5,516-square foot net-leased property located in Jacksonville, Fla. according to Sean Beuche, Regional Manager of the firm’s Philadelphia office. The asset sold for $5,625,000.

The buyer, a partnership, was secured and represented by Howard Levy, 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 7911 Blanding Boulevard in Jacksonville, Fla.

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.