Marcus & Millichap Inc.

08/24/2026 | Press release | Distributed by Public on 08/24/2026 16:13

Marcus & Millichap Arranges $7.33 Million Sale of 7-Eleven in Alice, Texas

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Marcus & Millichap Arranges $7.33 Million Sale of 7-Eleven in Alice, Texas

August 24, 2026
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ALICE, Texas, Aug. 24, 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 4,874-square-foot 7-Eleven property for $7.33 million.

"The gas station market continues to see strong demand, largely driven by the tax benefits," said Zack House, senior managing director investments. "Buyers are looking for bonus depreciation, and when you can pair that with a credit tenant like 7-Eleven, it creates a compelling opportunity. That combination was exactly what our 1031 exchange buyer was looking for."

House, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap's Phoenix office, represented the buyer, an Arizona limited liability company, and coordinated with the seller, a Texas limited partnership.

The property is located at 1910 E. Main St. Built in 2025, the 4,874-square-foot convenience store and gas station sits on 1.94 acres. The newly constructed property is occupied by 7-Eleven and was acquired as part of the buyer's 1031 exchange strategy.

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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.

Marcus & Millichap Inc. published this content on August 24, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 24, 2026 at 22:13 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]