Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of AutoZone, a 5,317-square foot net-leased property located in Cedar Hill, Texas, according to Kyle Palmer, Regional Manager of the firm’s Fort Worth office.

Philip Levy, Senior Managing Director Investments in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured by Mr. Levy.

AutoZone is located at 509 East Belt Line Road in Cedar Hill, Texas. The subject property lies in the northeastern quadrant of the dense retail trade area located at the intersection of Belt Line Road and J Elmer Weaver Freeway (US 67). Numerous national and regional retailers are in the area, including Walgreens, The Home Depot, Albertsons, Petco, Marshalls, DSW Designer Shoe Warehouse, Hobby Lobby, Toys ‘R Us, Ross Dress for Less, OfficeMax, Pier 1 Imports, CVS, Aldi, Romano’s Macaroni Grill, Chili’s Grill & Bar, Men’s Wearhouse, Kohl’s, Walmart, Kroger and Burlington Coat Factory.

About Marcus & Millichap (NYSE: MMI)

With over 1,700 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com