Marcus & Millichap Arranges $2M Sale of Tractor Supply Co. Location in Tennessee

ELIZABETHTON, Tenn., Oct. 14, 2024 - 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 a net-leased Tractor Supply Co. location in Elizabethton, Tennessee. The property sold for $2 million.

Dominic Sulo, Ryan Engle, Andrean Angelov and Brett Winger, investment specialists in Marcus & Millichap's Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller. Jody McKibben, Broker of Record in Tennessee, assisted in closing the transaction.

The Tractor Supply Co. location at 203 Cherokee Park Dr. ranks in the top 17% of stores nationwide. The 30,500-square-foot property is situated in a strong retail corridor, with nearby national retailers including Walmart, Lowe's, and Dollar Tree. Tractor Supply has operated from this location since 2007.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.