Retail L Iowa

Marcus & Millichap closes sale of auto parts store in Iowa

advance-auto-parts3

Marcus & Millichap closed the sale of an Advance Auto Parts, an 8,000-square foot net-leased property located in Council Bluffs, Iowa, for $981,000.

Marcus & Millichap closed the sale of an Advance Auto Parts, an 8,000-square foot net-leased property located in Council Bluffs, Iowa, for $981,000.

Terry Jacobs, Adam “AJ” Prins and Matt Hazelton, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

The buyer, a private investor, was secured and represented by Don Emas, First Vice President of Investments in Marcus & Millichap’s Ontario office. Barry A'Hearn, Broker in Iowa, assisted in closing this transaction.

Advance Auto Parts is located at 609 32nd Ave. in Council Bluffs.