
Sam’s New and Used Tires Buys Mixed-Use Building in Maryland for $2M
Sam’s New and Used Tires, a locally-owned tire repair and replacement company based in Prince George’s County, has acquired an 8,500-square-foot mixed-use building located in Beltsville, Maryland for $2.075 million. The building features a dedicated surface parking lot, a mezzanine area, and roadside visibility from Baltimore Avenue. The seller, ADP Beltsville 12, LLC, was represented by Adam Nachlas, Chris Bennett, and Allison Perry of MacKenzie Commercial Real Estate Services. Sam’s New and Used Tires intends to expand its operations from an existing location on Baltimore Avenue later this year.
“Owning this building provides Sam’s New and Used Tires the opportunity to build equity in an asset, and this project was the perfect size and in the ideal location to provide expansion and additional visibility,” said Adam Nachlas from MacKenzie Commercial Real Estate Services.
- ◦Sale/Acquisition