Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Aaron's, a 10,000-square foot net-leased property located in Idaho Falls, ID, according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office.

“Aaron’s is a well-respected retailer and investors recognize the stability of the brand,” says Barry M. Wolfe, a first vice president investments in Marcus & Millichap’s Fort Lauderdale, Fla. office. “Our team has facilitated the sale of over 100 Aaron’s properties over the last 10 years and currently we are marketing three more locations.”

Wolfe, along with, Alan Lipsky, associate, in Marcus & Millichap’s Fort Lauderdale office and Paul H. Ryan, senior associate, in Marcus & Millichap’s Boise, ID office had the exclusive listing to market the property on behalf of the seller, a developer Cortez, CO and the buyer, a limited liability company from Dallas, TX.

Aaron's is located at 1385 East 17th Street in Idaho Falls, ID just one mile from Eastern Idaho Technical College, four miles from the University of Idaho and five miles from Idaho Falls Regional Airport.

About Marcus & Millichap (NYSE: MMI)

With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com