Press Releases
Marcus & Millichap Arranges Sale of Crash Champions Property in San Antonio, Texas
May 27, 2025
SAN ANTONIO, Texas, May 27, 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 net-leased Crash Champions property in San Antonio, Texas.
“We received six offers within the first week of marketing, ultimately closing at full list price,” said Scott Skuteris, associate. “In today’s uncertain economic environment, investors continue to target automotive-based tenants like Crash Champions for their recession-resilient and internet-resistant qualities”
Skuteris, Dominic Sulo and Andrew Antoniou, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a Nevada-based investor. Tim Speck is the firm’s broker of record in Texas.
The property is situated on 1.02 acres at 11814 Perrin Beitel, receiving visibility from more than 19,864 vehicles per day. Crash Champions has just over 13 years remaining on their corporately guaranteed absolute triple-net lease.
“We received six offers within the first week of marketing, ultimately closing at full list price,” said Scott Skuteris, associate. “In today’s uncertain economic environment, investors continue to target automotive-based tenants like Crash Champions for their recession-resilient and internet-resistant qualities”
Skuteris, Dominic Sulo and Andrew Antoniou, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a Nevada-based investor. Tim Speck is the firm’s broker of record in Texas.
The property is situated on 1.02 acres at 11814 Perrin Beitel, receiving visibility from more than 19,864 vehicles per day. Crash Champions has just over 13 years remaining on their corporately guaranteed absolute triple-net lease.
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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 www.MarcusMillichap.com.
