STS TIRE & AUTO CENTER SELLS FOR $3.05M

125 Newtown Rd, Suite 300
Plainview, NY 11803
FOR IMMEDIATE RELEASE
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PLAINVIEW, NY, November 28 – 6195 Sunrise Highway Massapequa, LLC has acquired the property at 6195 Sunrise Hwy, Massapequa, NY with a STS Tire & Auto Center as a tenant for $3.05 million from Roanoke NY Properties. Barry Chamas represented seller and Marty Sass represented the buyer, both of Silber Investment Properties, on this deal.

STS Tire & Auto was part of one of the largest deals ever involving independent tire dealerships acquired by Millwood, NY based Mavis Discount Tire in 2015. Together, the combined business will have 324 retail stores in three states, nine wholesale locations and approximately 2,800 employees.

ABOUT SILBER INVESTMENT PROPERTIES

Long Island based commercial real estate brokerage; Silber Investment Properties (SIP), specializes in the acquisition and disposition of retail investment properties ranging from multi-million dollar shopping centers to a single tenant chain store. In addition the SIP National Net Leased Division brokers hundreds of Triple-Net (NNN) Properties across the country. Silber Investment Properties has earned a reputation for brokering off-market, in-house transactions, and maintains relationships with REITs, large corporations, family trusts, developers, and private investors.

Media Inquiries:
Ignition Marketing
info@ignition-mktg.com
pr@silberproperties.com
516.994.1350


 

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