Marcus & Millichap Brokers Five-Property Net-Lease Portfolio For $9.55M

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale-leaseback of a five-property Aaron’s portfolio. The sales price is $9,548,381. 

“Having sold over 125 Aaron’s locations, our team is quite familiar with the Aaron’s brand and the many attributes of having them as a long-term tenant,” said Barry Wolfe, senior managing director investments. “We were able to generate seven offers and had the goal of choosing a buyer who would collaborate seamlessly with Aaron’s for an efficient closure in Q4 2023. All the parties worked well together and achieved this goal and closed on the portfolio just before year-end.” 

Wolfe and Alan Lipsky, investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the portfolio on behalf of the seller, Aaron’s LLC, and procured the buyer, Vault Equity Capital LLC. 

“For anyone interested in such a portfolio of single-tenant properties leased to Aaron’s under a long-term lease, we are bringing to market another portfolio. Buyers interested in reviewing the offering package should contact us directly to discuss,” said Alan Lipsky, senior vice president investments. 

The stores are in Texas, Michigan, Florida and Virginia. Marcus & Millichap’s brokers of record in those states are Tim Speck, Steve Chaben, Ryan Nee, and Brian Hosey, respectively.  

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. As of December 31, 2022, the company had 1,904 investment sales and financing professionals in 81 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 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit