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O'Reilly Auto Parts Closed in Glen Burnie, MD

  • 1 day ago
  • 2 min read


Glen Burnie, MD, June 1st, 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 O’Reilly Auto Parts, an 8,832-square-foot property located at 703 S Crain Hwy, Glen Burnie, MD, according to Brian Hosey, regional manager of the firm’s Washington DC office. The asset sold for $1,318,484. 

Jacob Haslach and Derrick Dougherty, investment specialists in Marcus & Millichap’s Philadelphia office, had the exclusive listing to market the property on behalf of the seller, a prominent commercial real estate investor located in Maryland. Jacob Haslach and Derrick Dougherty also represent the buyer, a private real estate investor located in Virginia, in this transaction.  

“This transaction marks the first O’Reilly Auto Parts location to close in the state of Maryland, making it a highly significant deal for the market,” said Jacob Haslach, Associate Director Investments. “The property benefited from its exceptionally well-positioned location on Crain Highway, a primary retail corridor that sees over 22,000 vehicles per day. Backed by an investment-grade tenant with over nine years remaining on the corporate NN lease, this asset presented the buyer with a truly stable and highly sought-after investment,” Haslach added.  

“The communication and collaborative problem-solving from both the buyer and seller were instrumental in managing the moving parts to meet our target timelines. It was a pleasure working with all parties to bring this transaction to a successful close," said Derrick Dougherty, Senior Managing Director Investments. 

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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 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 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.   

 

 
 
 

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