Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a 7,000-square-foot, single-tenant retail building leased to Advance Auto Parts in the Philadelphia-area community of Browns Mills, New Jersey.

The HFF team marketed the property on behalf of the seller, a family trust. A private investor purchased the asset free and clear of existing financing.

Advance Auto Parts has occupied the property since 2004 and has six years remaining on its lease term. The building is situated on 1.72 acres at 1 Juliustown Town Road in Browns Mills, a community approximately 35 and 60 miles from downtown Philadelphia and New York City, respectively. The property sits just five miles from McGuire Air Force Base/Fort Dix, a major economic driver for the immediate area with more than 3,100 officers, enlisted and civilian personnel from the Air Force, Army and Navy.

The HFF team representing the seller included managing director Marc Mandel and director Steve Schrenk.

HFF and Holliday GP Corp. ("HFF") are licensed New Jersey real estate brokers.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.