Marcus & Millichap Inc.
07/24/2026 | Press release | Distributed by Public on 07/24/2026 14:35
Marcus & Millichap Arranges Sale of India Bazaar Plaza in Little Elm, Texas
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Marcus & Millichap Arranges Sale of India Bazaar Plaza in Little Elm, Texas
July 24, 2026
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LITTLE ELM, Texas, July 24, 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 India Bazaar Plaza, a 13,079-square-foot retail center in Little Elm, Texas.
"Investor demand for high-quality neighborhood retail centers in North Texas remains strong, particularly properties anchored by necessity-based and service-oriented tenants," said Scott Abeel, first vice president investments. "Continued population growth, strong household incomes and limited new supply in premier suburban locations continue to support long-term investor demand."
Abeel and Philip Levy, investment specialists in Marcus & Millichap's Dallas office, exclusively marketed the property on behalf of the seller, and procured the buyer, both private investors.
The asset is located at 1640 FM 423. Built in 2018, the retail center is fully leased to India Bazaar, one of the Dallas-Fort Worth area's largest South Asian grocery operators, and Shahnaz Salon & Threading under triple-net leases. The property serves the rapidly growing Little Elm-Frisco trade area, one of North Texas' fastest-growing and most affluent suburban corridors. The buyer plans to hold the property as a long-term investment.
"Investor demand for high-quality neighborhood retail centers in North Texas remains strong, particularly properties anchored by necessity-based and service-oriented tenants," said Scott Abeel, first vice president investments. "Continued population growth, strong household incomes and limited new supply in premier suburban locations continue to support long-term investor demand."
Abeel and Philip Levy, investment specialists in Marcus & Millichap's Dallas office, exclusively marketed the property on behalf of the seller, and procured the buyer, both private investors.
The asset is located at 1640 FM 423. Built in 2018, the retail center is fully leased to India Bazaar, one of the Dallas-Fort Worth area's largest South Asian grocery operators, and Shahnaz Salon & Threading under triple-net leases. The property serves the rapidly growing Little Elm-Frisco trade area, one of North Texas' fastest-growing and most affluent suburban corridors. The buyer plans to hold the property as a long-term investment.
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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.
Marcus & Millichap Inc. published this content on July 24, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 24, 2026 at 20:36 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]