Marcus & Millichap Inc.
09/09/2025 | Press release | Archived content
Marcus & Millichap Arranges $3.78M Sale of Caliber Collision Property in Greenwood, Indiana
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Marcus & Millichap Arranges $3.78M Sale of Caliber Collision Property in Greenwood, Indiana
September 09, 2025
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GREENWOOD, Ind., Sept. 9, 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 net-leased Caliber Collision property in Greenwood, Indiana, for $3,778,000.
"Investor interest remains strong for well-located, net-leased retail assets, particularly in growing suburban markets like Greenwood," said Mitch Grant, associate director investments, and Nicholas Kanich, managing director investments. "We're seeing encouraging signs of improvement across the market, and this sale reflects the continued demand for stable, income-producing properties."
Grant and Kanich, investment specialists in Marcus & Millichap's Chicago Downtown office, in association with Josh Caruana, Marcus & Millichap's Indiana broker of record, had the exclusive listing to market the property on behalf of the Indiana-based seller. Dominic Sulo, Ryan Engle and Andrean Angelov from the firm's Chicago Oak Brook office procured the Illinois-based buyer.
The 33,511-square-foot auto-repair center is located at 155 Melody Ave. Caliber Collision occupies the property under a double-net lease with more than three years remaining. The site is situated on 3.33 acres in a high-traffic retail corridor anchored by national retailers such as Kroger, Target and Home Depot.
"Investor interest remains strong for well-located, net-leased retail assets, particularly in growing suburban markets like Greenwood," said Mitch Grant, associate director investments, and Nicholas Kanich, managing director investments. "We're seeing encouraging signs of improvement across the market, and this sale reflects the continued demand for stable, income-producing properties."
Grant and Kanich, investment specialists in Marcus & Millichap's Chicago Downtown office, in association with Josh Caruana, Marcus & Millichap's Indiana broker of record, had the exclusive listing to market the property on behalf of the Indiana-based seller. Dominic Sulo, Ryan Engle and Andrean Angelov from the firm's Chicago Oak Brook office procured the Illinois-based buyer.
The 33,511-square-foot auto-repair center is located at 155 Melody Ave. Caliber Collision occupies the property under a double-net lease with more than three years remaining. The site is situated on 3.33 acres in a high-traffic retail corridor anchored by national retailers such as Kroger, Target and Home Depot.
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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.
Marcus & Millichap Inc. published this content on September 09, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 12, 2025 at 18:40 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]