Camden, DE, September 8th, 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 Popeyes, a 2,335-square-foot property located at 481 Walmart Drive, Camden, DE, according to Tim Stephenson, regional manager of the firm’s Philadelphia office. The asset sold for $2,547,000.
Jacob Haslach and Derrick Dougherty, investment specialists in Marcus & Millichap’s Philadelphia office, represented the buyer, a private investor based in Pennsylvania, in this transaction. Forged Real Estate represented the seller, a private investor based in Delaware.
“The thirty-year lease term offered our investor an exceptional opportunity to acquire brand-new construction with a dual-lane drive-thru. Its location is adjacent to a top-performing Walmart and Lowe’s, both ranking in the top 20% nationally, further underscoring the strength of this investment and submarket,” said Jacob Haslach, Associate Investments.
“The collaboration between all parties was proactive and professional, allowing us to bring this transaction to a smooth and timely close,” said Jacob Haslach, Associate Investments.
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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