Marcus & Millichap Brokers $4.8M Sale of 14,840-SF AutoZone Hub

WILLIAMSTOWN, N.J., Dec 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 $4.8 million sale of a 14,840-square-foot AutoZone in Williamstown, New Jersey. 

“The seller did an excellent job positioning the property for the market by successfully transforming a formerly vacant Rite Aid into an AutoZone hub store,” said Mark Krantz, senior director investments. “This transaction offered investors a rare opportunity to acquire a newly leased, long-term AutoZone hub location with strong rent growth, institutional-grade credit, and exceptional real estate fundamentals along one of South Jersey’s most heavily traveled corridors.” 

Krantz, along with Derrick Dougherty, represented the seller, a private investor. Krantz and Dougherty also represented the seller in its 2024 acquisition of the property as a vacant Rite Aid. The buyer, a private investor, was procured by Marcus & Millichap’s Seth Goldberg, Alan Cafiero and Brent Hyldahl.  

“The buyer was most interested in the property for its superior real estate fundamentals paired with a newly signed lease to AutoZone, a BBB-rated tenant,” said Seth Goldberg, associate director investments. “The hard-corner location at one of the busiest intersections in South Jersey provides long-term stability and confidence in the asset’s ability to perform over time.” 

The property is located at 2099 N. Black Horse Pike on a 2.11-acre parcel near the intersection of Black Horse Pike and Berlin-Cross Keys Road, which sees approximately 28,000 vehicles per day. The single-tenant building was originally constructed in 2005 and underwent a 2025 renovation for AutoZone’s occupancy. 

 

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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. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.