Press Releases
Marcus & Millichap Arranges $3.99M Sale of Range USA Property in Wixom, Michigan
February 18, 2026
WIXOM, Mich., Feb. 18, 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 a net-leased Range USA property located in Wixom, Michigan. The property sold for $3,987,533.
Dominic Sulo, Ryan Engle and Andrean Angelov, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, in association with Paul Kerber, Marcus & Millichap’s Michigan broker of record, had the exclusive listing to market the property on behalf of the seller, a repeat private client. Sulo procured the buyer, an institutional client.
The 15,274-square-foot property is situated on 1.83 acres at 48900 12 Mile Road. Built in 2020, the asset is leased to Range USA, the largest firearms educator in the world, with more than 18 years remaining on an absolute net lease. The property backs up to Interstate 96, which sees traffic counts exceeding 129,000 vehicles per day.
Dominic Sulo, Ryan Engle and Andrean Angelov, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, in association with Paul Kerber, Marcus & Millichap’s Michigan broker of record, had the exclusive listing to market the property on behalf of the seller, a repeat private client. Sulo procured the buyer, an institutional client.
The 15,274-square-foot property is situated on 1.83 acres at 48900 12 Mile Road. Built in 2020, the asset is leased to Range USA, the largest firearms educator in the world, with more than 18 years remaining on an absolute net lease. The property backs up to Interstate 96, which sees traffic counts exceeding 129,000 vehicles per day.
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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 www.MarcusMillichap.com.
