NIXON, Texas, Oct. 3, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a net-leased Tractor Supply Co. location in Nixon, Texas.

"We were pleased to work with the seller and buyer on another successful transaction," said Zack House, first vice president investments. "The property was listed while under construction and we closed shortly after opening. Our sincere congratulations to both parties involved."

House, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap's Columbus and Phoenix offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company. Tim Speck, Broker of Record in Texas, assisted in closing the transaction.

Located at 1106 E. 2nd St., the brand-new, 23,957-square-foot Tractor Supply Co. features a 15-year corporate lease. The property is a high-quality 2024 construction situated on a 4.42-acre lot. It is easily accessible along Central Ave. and Hwy. 87, receiving visibility from roughly 7,000 vehicles a day. Major retailers nearby include Family Dollar, Dollar General, Dairy Queen, Circle K and Ford.

# # #

About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.