Marcus & Millichap arranged the sale of a 169,896-square-foot Super Kmart in Valdosta, Ga.

The value of the transaction was $10.7 million.

Super Kmart is located at 1106 St. and is situated on an approximately 20-acre parcel. The property was constructed in 1994 and entirely renovated in 2000. Longhorn Steak House occupies an out-parcel ground lease through 2011. There is also an additional out-parcel available to construct a 4,400-square-foot building. Both out-parcels are included in the sale.

A Southern California-based family trust sold the property to Kimco Realty Corp., a New York-based retail REIT.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription