Portfolio Sale: Dunkin' & Mr. Tire

Nottingham, MD, January 7th, 2025 – 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 Dunkin and Mr. Tire, properties located at 8475 Cordon Way, Nottingham, Maryland and 4952 Mercantile Road, Baltimore, Maryland, according to Tim Stephenson, regional manager of the firm’s Philadelphia office. The assets sold for $3,400,000.

Jacob Haslach and Derrick Dougherty, investment specialists in Marcus & Millichap’s Philadelphia office, represented the buyer, a private Maryland-based investor. The portfolio was secured off-market through the seller, a national real estate trust.

“The sellers have done an amazing job with the White Marsh Pads. This is another example having successfully backfilled a former Taco Bell securing Dunkin Donuts to accompany McDonald’s & Mr. Tire,” said Jacob Haslach.

“This sale continued the theme of motivated parties working to get a deal completed. It was a pleasure working with both the buyer and seller. We look forward to continued relationships with both parties,” said Jacob Haslach

“This successful off-market sale showcased the strength of the Marcus & Millichap platform. Our ability to bridge private capital with institutional ownership is what will continue to set us apart in a competitive market,” said Jacob Haslach.

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

 

Marcus & Millichap, Inc. is a leading national 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.