3 Properties Press Release

3 Properties facilitates another highly successful auto store sale

Tampa, FL – 3 Properties has once again facilitated the highly successful sale of a brand new construction auto store. The triple net Tire Choice asset in this transaction is located at 946 NE Pine Island Road in Cape Coral, FL – a main thoroughfare that leads into Ft. Myers.

Tire Choice is a Monro Muffler company and specializes in auto repair. Monro Muffler is Nasdaq traded under the symbol MNRO.

Broker David Sobelman’s experience and expertise was integral to closing the deal at 97.5% of the original asking price. This successful transaction is part of a trend, and is the second auto store in as many months that 3 Properties has closed at 95% or more.

3 Properties

3 Properties is a forward-thinking net lease investment company that offers brokerage, consulting, and asset management. Learn more at 3-properties.com.

Share this post

Share on twitter
Share on linkedin
Share on email