The Knipp Wolf Net Lease Group of Marcus & Millichap Closes the Sale of an EZPAWN in Chattanooga, Tennessee

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of an EZPAWN in Chattanooga, Tennessee according to Tim A. Speck, division manager in the firm’s Dallas office.

Vincent Knipp, Senior Managing Director Investments, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private developer. Jody McKibben is Marcus & Millichap’s broker of record in Tennessee.

The property consists of a 14,000-square-foot, freestanding building that sits on 1.02 acres of land and is only 3.6 miles to downtown Chattanooga.

“This was a 5-day look, 5-day close, with an all-cash local buyer,” said Knipp. “The buyer did everything they said, didn’t play games, and moved closing up once they were satisfied with their investment.”

EZPAWN is located at 3601 Rossville Blvd in Chattanooga, Tennessee.