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.
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