Marcus & Millichap Inc.
07/01/2026 | Press release | Distributed by Public on 07/01/2026 15:47
Marcus & Millichap Organized the Sale of a Restaurant-Focused Retail Center in Historic Downtown Roanoke
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Marcus & Millichap Organized the Sale of a Restaurant-Focused Retail Center in Historic Downtown Roanoke
July 01, 2026
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ROANOKE, Texas, June 30, 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 Roanoke Shopping Center, an 11,320-square-foot multi-tenant retail property.
"Investor demand remains strong for stabilized, experience-driven retail assets in affluent, high-growth Dallas-Fort Worth suburbs," said Philip Levy, executive managing director investments. "Roanoke continues to benefit from significant residential and commercial growth, a strong employment base and increasing consumer demand, supporting the long-term outlook for well-located retail properties."
Levy, investment specialist in Marcus & Millichap's Dallas office, represented the seller and secured the buyer in the transaction. Both parties are private investors.
Roanoke Shopping Center, located at 101 S. Oak St. in Roanoke's nine-block historic downtown district, was built in 2009 on a prominent corner adjacent to Main Street. The asset is fully leased to Oak and Main Craft Food + Spirits, Inzo Italian Kitchen and Baja Cantina under triple-net leases, with each restaurant offering outdoor patio dining
"Investor demand remains strong for stabilized, experience-driven retail assets in affluent, high-growth Dallas-Fort Worth suburbs," said Philip Levy, executive managing director investments. "Roanoke continues to benefit from significant residential and commercial growth, a strong employment base and increasing consumer demand, supporting the long-term outlook for well-located retail properties."
Levy, investment specialist in Marcus & Millichap's Dallas office, represented the seller and secured the buyer in the transaction. Both parties are private investors.
Roanoke Shopping Center, located at 101 S. Oak St. in Roanoke's nine-block historic downtown district, was built in 2009 on a prominent corner adjacent to Main Street. The asset is fully leased to Oak and Main Craft Food + Spirits, Inzo Italian Kitchen and Baja Cantina under triple-net leases, with each restaurant offering outdoor patio dining
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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.
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