Kutztown, PA, December 29th, 2025 – 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 Dollar General, a 9,100-square-foot property located at 490 Old Route 22, Kutztown, PA, according to Tim Stephenson, regional manager of the firm’s Philadelphia office. The asset sold for $1,650,394.
Colin Reder and Derrick Dougherty, investment specialists in Marcus & Millichap’s Philadelphia office, had the opportunity to represent the buyer, a local private investor.
“This investment provided our client with a fully triple-net leased asset offering long-term income stability and a built-in hedge against inflation through scheduled rent increases every five years,” said Colin Reder
“It was a pleasure working with all parties involved in this transaction, and we’re pleased to have identified an asset that aligned well with the buyer’s investment criteria and long-term goals,” said Colin Reder
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
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