Marcus & Millichap Facilitates Sale of Mavis Discount Tire Property in Toms River, NJ for $3.49 Million

Reuters

2025/06/25

Marcus & Millichap Facilitates Sale of Mavis Discount Tire Property in Toms River, NJ for $3.49 Million

Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully brokered the sale of a net-leased property in Toms River, New Jersey, housing a Mavis Discount Tire store. The 6,853-square-foot building was sold for $3,493,750. The property, located at 280 Route 37 East, is under a long-term, corporate-guaranteed net lease with Mavis Discount Tire through 2030. The sale highlights the continued investor interest in net-leased assets with solid credit in New Jersey. This transaction was exclusively marketed by Marcus & Millichap's Alan Cafiero, Brent Hyldahl, and Seth Goldberg.

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 June 23, 2025, and is solely responsible for the information contained therein.

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The 6,853-square-foot building was sold for $3,493,750. The property, located at 280 Route 37 East, is under a long-term, corporate-guaranteed net lease with Mavis Discount Tire through 2030. The sale highlights the continued investor interest in net-leased assets with solid credit in New Jersey. This transaction was exclusively marketed by Marcus &amp; Millichap's Alan Cafiero, Brent Hyldahl, and Seth Goldberg.\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 June 23, 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":"BK4079","symbol_name":"房地产服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250624:nNDL5QYB4L:1","article_id":"2546256679","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546256679","pubTimestamp":1750802419,"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":"Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully brokered the sale of a net-leased property in Toms River, New Jersey, housing a Mavis Discount Tire store. 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The property, located at 280 Route 37 East, is under a long-term, corporate-guaranteed net lease with Mavis Discount Tire through 2030. The sale highlights the continued investor interest in net-leased assets with solid credit in New Jersey. This transaction was exclusively marketed by Marcus & Millichap's Alan Cafiero, Brent Hyldahl, and Seth Goldberg.\n      \n\nDisclaimer: 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. 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