Press Releases
Marcus & Millichap Brokers $2.7M Sale of Net-Leased Take 5 Oil Change in Tucson, Arizona
November 03, 2026
TUCSON, Ariz., Nov. 3, 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 Take 5 Oil Change, a 1,412-square-foot, net-leased automotive service property located at 3201 S. Park Ave. in Tucson, Arizona. The property sold for $2.7 million.
"This acquisition provided the buyer with an opportunity to acquire a newly constructed, income-producing property leased to a growing Take 5 Oil Change franchisee,” said Alex Mobin, managing director investments. “The tenant currently operates approximately 28 locations across Arizona, New Mexico and Texas, with additional locations expected to open by year-end. The property is located within The Bridges, a 350-acre mixed-use development featuring approximately 2.5 million square feet of commercial space, residential units, hotels and major employers, including GEICO and the University of Arizona Tech Park. With national retailers such as Costco, Walmart and Bass Pro Shops nearby, the area's continued growth supports the property's long-term investment outlook.”
Mobin, in Marcus & Millichap’s Orange County office, in association with Ryan Sarbinoff, Marcus & Millichap’s Arizona broker of record, represented the buyer, a private investor. The seller was a Take 5 Oil Change franchisee.
Built in 2025, the property is situated on a 0.70-acre parcel within The Bridges, a 350-acre master-planned, mixed-use development. The property is adjacent to McDonald’s and across the street from a planned ALDI location, with additional development expected nearby.
"This acquisition provided the buyer with an opportunity to acquire a newly constructed, income-producing property leased to a growing Take 5 Oil Change franchisee,” said Alex Mobin, managing director investments. “The tenant currently operates approximately 28 locations across Arizona, New Mexico and Texas, with additional locations expected to open by year-end. The property is located within The Bridges, a 350-acre mixed-use development featuring approximately 2.5 million square feet of commercial space, residential units, hotels and major employers, including GEICO and the University of Arizona Tech Park. With national retailers such as Costco, Walmart and Bass Pro Shops nearby, the area's continued growth supports the property's long-term investment outlook.”
Mobin, in Marcus & Millichap’s Orange County office, in association with Ryan Sarbinoff, Marcus & Millichap’s Arizona broker of record, represented the buyer, a private investor. The seller was a Take 5 Oil Change franchisee.
Built in 2025, the property is situated on a 0.70-acre parcel within The Bridges, a 350-acre master-planned, mixed-use development. The property is adjacent to McDonald’s and across the street from a planned ALDI location, with additional development expected nearby.
# # #
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.
