MARCUS & MILLICHAP ARRANGES SALE OF A 2,094-SF NET-LEASED PROPERTY

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 Starbucks, a 2,094-square foot net-leased property located in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office.

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The asset sold for $2,264,500.

Jamie Medress, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

Starbucks is located at 13801 North 19th Avenue in Phoenix.

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