Skip to main content

Press Releases

Marcus & Millichap Arranges the Sale of a 5,675-Square-Foot Net-Leased Property

April 28, 2022

GALION, OHIO, April 28, 2022 – 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 Advance Auto Parts, a 5,675-square-foot net-leased property located in Galion, Ohio, according to Grant Fitzgerald, regional manager of the firm’s Cleveland office. The asset sold for $900,000.

Dustin Javitch, Craig Fuller, Erin E. Patton and Scott Wiles, investment specialists in Marcus & Millichap’s Cleveland office, had the exclusive listing to market the property on behalf of the seller, a private investor.

Advance Auto Parts is located in Galion, Ohio. Dustin Javitch said of the transaction, “We saw multiple offers as this was a unique opportunity for a buyer to acquire a long-term leased property at a lower price point relative to many other net-leased properties currently on the market.”

 

#     #     #

About Marcus & Millichap (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, 2021, the company had 1,994 investment sales and financing professionals in 82 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 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.

MM Texture Background