Marcus & Millichap Arranges Sale of Range USA Location in Valley View, Ohio

VALLEY VIEW, Ohio, Oct. 15, 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 Range USA, a 15,000-square-foot shooting range and retail property located in Valley View, Ohio. The property sold for $5.67 million.

Dominic Sulo, Ryan Engle and Andrean Angelov, investment specialists in Marcus & Millichap's Chicago Oak Brook office, procured the buyer. Michael Glass, Broker of Record in Ohio, assisted in closing the transaction.

Range USA is located at 6035 Canal Road, receiving visibility from over 18,700 vehicles daily. Built in 2023, the property is adjacent to Interstate-480, nine miles east of downtown Cleveland. The asset is situated by a top-performing Cinemark movie theater and Center Valley Business Park.

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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.