TONASKET, WA, September 14, 2021 – 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 U.S. Bank, a 4,754 net-leased property located in Tonasket, WA, according to Joel Deis, regional manager of the firm’s Seattle office. The asset sold for $1,090,000.
Clayton J. Brown and Ruthanne Romero, investment specialists in Marcus & Millichap’s Seattle office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.The buyer, a limited liability company, was secured and represented by Clayton J. Brown and Ruthanne Romero, U.S. Bank is located at 409 N Whitcomb Ave in Tonasket, WA. The Property has been operating for 35 years and recently had an interior remodel and a 5-year lease extension.
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 8,954 transactions in 2020 with a value of approximately $43 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.