Marcus & Millichap facilitated the sale of a 12,600-square-foot property net-leased to Caliber Collision in Rockwall, TX, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $2,305,000.
Andrew P. Antoniou, associate, and Dominic Sulo, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. The Sulo Group of Marcus & Millichap cooperated with an outside broker to procure the buyer. Tim Speck assisted in closing this transaction as broker of record in Texas.
The property is located at 4538 TX-276 in Rockwall, which is in the Dallas Metropolitan Statistical Area. The property lease has a corporate guarantee from the top-three collision repair provider.