Marcus & Millichap Inc.
10/27/2025 | Press release | Distributed by Public on 10/27/2025 15:03
Marcus & Millichap Arranges Sale of Crash Champions Property in Houston
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Marcus & Millichap Arranges Sale of Crash Champions Property in Houston
October 27, 2025
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HOUSTON, Oct. 27, 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 a Crash Champions Collision Repair property in Houston, Texas.
"We sourced multiple competitive offers and ultimately closed with a local exchange buyer who recognized the strength of both the real estate and the tenant," said Spencer Ward, associate director investments. "This transaction marks the highest price and one of the lowest CAP rates for a Crash Champions deal in nearly three years."
Ward and Justin Miller, investment specialists in Marcus & Millichap's Houston office, had the exclusive listing to market the property on behalf of the seller, a Dallas-based family office, and procured the buyer, a local exchange buyer.
"The market for collision and automotive real estate continues to attract strong investor interest," said Ward. "Even in a more challenging capital markets environment, we remain optimistic about the road ahead. Steady demand and strong industry fundamentals continue to support pricing and investor confidence."
The 32,173-square-foot property is located at 10475 Southwest Freeway along Interstate 69. Crash Champions operates the facility under an absolute triple-net lease with more than seven years remaining. It is situated on 5.85 acres near several large car dealerships including Hyundai, Infiniti, Acura and Lexus.
"We sourced multiple competitive offers and ultimately closed with a local exchange buyer who recognized the strength of both the real estate and the tenant," said Spencer Ward, associate director investments. "This transaction marks the highest price and one of the lowest CAP rates for a Crash Champions deal in nearly three years."
Ward and Justin Miller, investment specialists in Marcus & Millichap's Houston office, had the exclusive listing to market the property on behalf of the seller, a Dallas-based family office, and procured the buyer, a local exchange buyer.
"The market for collision and automotive real estate continues to attract strong investor interest," said Ward. "Even in a more challenging capital markets environment, we remain optimistic about the road ahead. Steady demand and strong industry fundamentals continue to support pricing and investor confidence."
The 32,173-square-foot property is located at 10475 Southwest Freeway along Interstate 69. Crash Champions operates the facility under an absolute triple-net lease with more than seven years remaining. It is situated on 5.85 acres near several large car dealerships including Hyundai, Infiniti, Acura and Lexus.
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.
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