Marcus & Millichap Inc.
10/08/2026 | Press release | Distributed by Public on 10/09/2026 15:40
Marcus & Millichap Brokers $15M Sale of Multistate NAPA Auto Parts Portfolio
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Marcus & Millichap Brokers $15M Sale of Multistate NAPA Auto Parts Portfolio
October 08, 2026
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PALMETTO, Fla., - Oct. 8, 2026 - 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 nine-property NAPA Auto Parts portfolio for $15,025,104. The portfolio includes properties in Palmetto, Florida; Buford, Georgia; Southaven, Mississippi; Columbia, South Carolina; Richmond, Virginia; Liverpool, New York; West St. Paul, Minnesota; Universal City, Texas; and Phoenix, Arizona.
"This was a strategic acquisition allowing the buyer to control a diversified portfolio with a solid national tenant in the growing auto parts sector," said Alex Zylberglait, executive managing director investments in Marcus & Millichap's Miami office. "The seller took the opportunity to monetize this portfolio after many years of ownership and a recent tenant renewal."
Zylberglait exclusively marketed the properties on behalf of the seller, a private group, and worked in association with Marcus & Millichap's brokers of record in Georgia, Mississippi, South Carolina, Virginia, New York, Minnesota, Texas and Arizona: John Leonard, Mickey Davis, Ben Yelm, Brian Hosey, John Horowitz, Jon Ruzicka, Tim Speck and Ryan Sarbinoff, respectively.
The 56,976-square-foot portfolio consists of eight properties under master leases and one property in Palmetto, Florida, under a direct lease. NAPA Auto Parts is an automotive parts retailer and distributor with over 6,000 locations across the United States and Canada, serving both professional repair shops and individual consumers.
"This was a strategic acquisition allowing the buyer to control a diversified portfolio with a solid national tenant in the growing auto parts sector," said Alex Zylberglait, executive managing director investments in Marcus & Millichap's Miami office. "The seller took the opportunity to monetize this portfolio after many years of ownership and a recent tenant renewal."
Zylberglait exclusively marketed the properties on behalf of the seller, a private group, and worked in association with Marcus & Millichap's brokers of record in Georgia, Mississippi, South Carolina, Virginia, New York, Minnesota, Texas and Arizona: John Leonard, Mickey Davis, Ben Yelm, Brian Hosey, John Horowitz, Jon Ruzicka, Tim Speck and Ryan Sarbinoff, respectively.
The 56,976-square-foot portfolio consists of eight properties under master leases and one property in Palmetto, Florida, under a direct lease. NAPA Auto Parts is an automotive parts retailer and distributor with over 6,000 locations across the United States and Canada, serving both professional repair shops and individual consumers.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
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