APACHE JUNCTION, Arizona – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Big O Tires, a 6,144-square-foot net-leased property located in Apache Junction, Arizona. The asset sold for $2,635,000, according to Grant Fitzgerald, Associate Regional Manager of the firm’s Columbus office.
The buyer, a family trust, was secured and represented by Zachary Turner, Erin E. Patton, Scott Wiles and Craig Fuller, investment specialists in Marcus & Millichap’s Columbus and Cleveland office. Ryan Sarbinoff, Regional Manager and Broker of Record assisted in closing this transaction.
Big O Tires is located at 35 South Idaho Road in Apache Junction, Arizona. Big O is a subsidiary of TBC Corporation and has grown to be one of the most prominent retail tire shops in North America with over 450 independently owned and operated locations across 23 states. The subject property was built in 2018 and is an outparcel to a Fry’s Supermarket.