Marcus & Millichap Arranges $4.9M Sale of Best Buy Property in Lake Geneva, Wis.

LAKE GENEVA, Wis., Jan. 27, 2026 - 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 net-leased Best Buy property in Lake Geneva, Wisconsin, for $4.9 million.

"Best Buy has operated at this location since 2008 on a double net lease, making it a strong, long-term investment," said Jeff Rowlett, senior managing director investments. "Lake Geneva continues to attract strong buyer demand, and we've sold numerous retail properties in the area as investor interest remains consistently high."

Rowlett and Eric Wagner, investment specialists in Marcus & Millichap's Milwaukee office, had the exclusive listing to market the property on behalf of the seller, BB Geneva, LLC, and procured the buyer, Agree Central, LLC.

The property, located at 700 N Edwards Blvd., has been occupied by Best Buy since it was built in 2008. The 30,162-square-foot building sits on 3.84 acres and is part of a retail strip center shadow-anchored by Target, with other retailers including Maurices, Mattress Firm and Sally Beauty. Lake Geneva is located approximately 49 miles southwest of Milwaukee.

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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.