Marcus & Millichap Inc.
09/22/2025 | Press release | Distributed by Public on 09/23/2025 13:02
Marcus & Millichap Arranges Sale of Buffalo Wild Wings-Anchored Retail Center in Sikeston, Missouri
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Marcus & Millichap Arranges Sale of Buffalo Wild Wings-Anchored Retail Center in Sikeston, Missouri
September 22, 2025
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SIKESTON, Mo., Sept. 22, 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 a 12-suite retail strip, anchored by Buffalo Wild Wings, in Sikeston, Missouri.
"We procured multiple offers from both in-state and out-of-state investors, demonstrating strong demand for well-located, stabilized retail assets," said Adrian Mendoza, senior managing director investments. "The property's 100% occupancy, national tenant roster, and anchor, a high-performing Buffalo Wild Wings, made it especially attractive to the 1031-exchange buyer."
Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap's Chicago Oak Brook office, in association with David Saverin, Marcus & Millichap's Missouri broker of record, had the exclusive listing to market the property on behalf of the seller, a private investment group, based out of California. The seller owned the property for ten years before selling the asset.
Shoppes at Lake Crossing, located on 4.29 acres at 211 and 251 N. Main St., is a 100% leased, 12-suite shopping center built in 2007. The property is anchored by the largest Buffalo Wild Wings franchisee in the system, which recently extended its lease and has more than 11 years remaining. Other national tenants include Spectrum, UPS, T-Mobile and PetSense. The center is surrounded by major retailers such as Walgreens, AutoZone and CVS.
"We procured multiple offers from both in-state and out-of-state investors, demonstrating strong demand for well-located, stabilized retail assets," said Adrian Mendoza, senior managing director investments. "The property's 100% occupancy, national tenant roster, and anchor, a high-performing Buffalo Wild Wings, made it especially attractive to the 1031-exchange buyer."
Mendoza, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap's Chicago Oak Brook office, in association with David Saverin, Marcus & Millichap's Missouri broker of record, had the exclusive listing to market the property on behalf of the seller, a private investment group, based out of California. The seller owned the property for ten years before selling the asset.
Shoppes at Lake Crossing, located on 4.29 acres at 211 and 251 N. Main St., is a 100% leased, 12-suite shopping center built in 2007. The property is anchored by the largest Buffalo Wild Wings franchisee in the system, which recently extended its lease and has more than 11 years remaining. Other national tenants include Spectrum, UPS, T-Mobile and PetSense. The center is surrounded by major retailers such as Walgreens, AutoZone and CVS.
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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.
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