Marcus & Millichap Brokers $6.275 Million Sale of Orlando-Area Retail Center

ORLANDO, Fla., Aug. 11, 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 Southridge Shoppes, a 43,153-square-foot retail center in Tavares, Florida, a suburb of Orlando. The asset sold for $6,275,000.

"Necessity based strip centers in major MSA's remain a highly sought sector within retail," said Eric Abbott, senior director investments at Marcus & Millichap. "This listing, outside of Orlando, generated many competitive offers and traded close to our asking price."

Abbott, Zach Taylor, and Evan Cannan of Marcus & Millichap, in association with Ryan Nee, Marcus & Millichap's Florida broker of record, exclusively marketed the property on behalf of the seller, a private family office based out of Canada.

Built in 1997, Southridge Shoppes is a fully occupied retail center on 6.38 acres. The property is anchored by Dollar General and leased to a mix of retail, service and government tenants. Recent capital improvements included façade renovations, exterior painting, parking lot resurfacing and pylon sign upgrades. The property is located at 4101-4215 County Road 561.

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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.