Hanley Brokers Sale of Two Single-Tenant Properties in Texas

by Hayden Spiess

Killeen and North Richland Hills, Texas — Hanley Investment Group Real Estate Advisors has brokered the sale of two single-tenant properties in Texas in separate transactions. Brakes Plus occupies both properties, which are located in Killeen and North Richland Hills, on a net-lease basis. Both leases feature a corporate guarantee by Mavis Tire Express Services Corp. Built in 2023, the Killeen property totals 4,900 square feet on a 1-acre parcel. Matt Montagne, Maxwell Watson and Tyler Ellinger of Sands Investment Group represented the seller, a Los Angeles-based private investor. The North Richland Hills property comprises 4,956 square feet and was constructed in 2022, adjacent to a Super Target and a Walmart Supercenter. Drew Isaac, Brian Bailey and Tim Speck of Marcus & Millichap represented the seller. Garrett Wood of Hanley represented the buyer, a Florida-based private investor, in both transactions. 

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