Marcus & Millichap announced the sale Thursday of Midlothian Rite Aid, a 14,845-square foot, net-leased property, for $3.42 million or about $230 per square foot.
Dean Zang, senior vice president investments in Marcus & Millichap’s Washington, D.C. office, along with Dean Foster of the firm’s Richmond office, had the exclusive listing to market the property at 3120 Polo Parkway on behalf of the seller, a Maryland-based development company. Zang also secured the buyer, based in the Philadelphia area.
The sale is of one of 20 transactions that Marcus & Millichap has brokered so far this year in the Richmond area.
