Marcus & Millichap Facilitates Sale of Crash Champions Property in San Antonio Amid Strong Investor Interest

Reuters

2025/05/29

Marcus & Millichap Facilitates Sale of Crash Champions Property in San Antonio Amid Strong Investor Interest

SAN ANTONIO, Texas, May 27, 2025 - Marcus & Millichap Inc. $(MMI)$, a prominent commercial real estate brokerage firm, has successfully arranged the sale of a net-leased Crash Champions property in San Antonio, Texas. The transaction attracted significant interest, receiving six offers within the first week of marketing and ultimately closing at full list price. This sale highlights investors' continued interest in automotive-based tenants, valued for their recession-resilient and internet-resistant qualities. The property, located at 11814 Perrin Beitel, spans 1.02 acres and benefits from high visibility with over 19,864 vehicles passing daily. The lease, corporately guaranteed by Crash Champions, has more than 13 years remaining, offering a stable investment for the buyer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on May 27, 2025, and is solely responsible for the information contained therein.

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The transaction attracted significant interest, receiving six offers within the first week of marketing and ultimately closing at full list price. This sale highlights investors' continued interest in automotive-based tenants, valued for their recession-resilient and internet-resistant qualities. The property, located at 11814 Perrin Beitel, spans 1.02 acres and benefits from high visibility with over 19,864 vehicles passing daily. The lease, corporately guaranteed by Crash Champions, has more than 13 years remaining, offering a stable investment for the buyer.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus &amp; Millichap Inc. published the original content used to generate this news brief on May 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B19Z6F94.USD","symbol_name":"Legg Mason Royce - US Smaller Companies A Acc USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDL9mg04d:1","article_id":"2539440616","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539440616","pubTimestamp":1748462188,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SAN ANTONIO, Texas, May 27, 2025 - Marcus & Millichap Inc. , a prominent commercial real estate brokerage firm, has successfully arranged the sale of a net-leased Crash Champions property in San Antonio, Texas. 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