Marcus & Millichap Brokers Sale Of Melbourne Retail Plaza

Marcus & Millichap announced the sale of Apollo Crossings, a 78,936-square-foot retail plaza in Melbourne.

The property sold for $6.5 million.

Ray Turchi and David Vaughan in Marcus & Millichap’s Orlando office had the exclusive listing to market the property on behalf of the seller, a private New York investor. The buyer, a private Florida investor, was procured by Turchi and Vaughan.

Built in 1989 on a 7.66-acre lot, the retail plaza is located at 1288 Sarno Road, at the intersection of Apollo Boulevard and Sarno Road with easy access to Interstate 95 (I-95), U.S. Highway 1 (US-1) and State Road 518 (SR-518).