Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of a 5,317-square foot net-leased AutoZone located in Cedar Hill, Texas, according to Tim A. Speck, division manager in the firm’s Dallas office.

Kyle Varni and Vincent Knipp, investment specialists in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by James W. Pickett III and Vincent Knipp, investment specialists in Marcus & Millichap’s Tulsa and Dallas offices.

“The property was previously marketed by another brokerage company, but with my specialization in auto parts stores, and the Marcus & Millichap marketing platform, we were able to expose the property to a large market and draw multiple competitive offers,” stated Varni.

AutoZone is located at 509 E Belt Line Road in Cedar Hill, Texas.

About Marcus & Millichap (NYSE: MMI)

With nearly 2000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.