From Cushman & Wakefield | Thalhimer
Cushman & Wakefield | Thalhimer is pleased to announce the sale of the former Quaker Steak & Lube restaurant building located at 1300 Central Park Blvd. in the City of Fredericksburg, Virginia.
SMD Investments, LLC purchased the 8,574 square foot restaurant property from VEREIT for $925,000 as an investment as they plan to make it available for lease or sale to office users.
Jamie A. Scully, CCIM and Mike Degen of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the buyer, and Thomas Raines and Connie Jordan Nielsen, also with Thalhimer, represented the seller.