Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Family Dollar, a 8,800-square foot net-leased property located in Fort Worth, Texas.

Vincent Knipp, senior managing director investments in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor, and repeat client, and procured the 1031-exchange buyer.

The asset is within close proximity to Texas Christian University and the Medical District in Fort Worth, Texas. The property is a freestanding building that sits on approximately 0.46 acres of land.

This is the second time in the past five years that Knipp has brokered this property.

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 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 9,472 transactions in 2018 with a value of approximately $46.4 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.