Marcus & Millichap Arranges The Sale Of A 6,100-Square Foot Net-Leased Property

HEATH, TEXAS, November 30, 2021 - 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 Anytime Fitness, a 6,100-square foot net-leased property located in Heath, Texas.

Vincent Knipp, an investment specialist in Marcus & Millichap's Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor and repeat client. The buyer, a private investor, was also secured by Mr. Knipp.

As a result of the competitive marketing process from his team, Knipp was able to bring in multiple competitive offers for this property and closed the deal in less than 45 days.

Anytime Fitness is located at 203 Laurence Dr in Heath, Texas.

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About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry's most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.