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 Pizza Hut , a 2,906-square foot net-leased property located in Flagstaff, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office.
The asset sold for $1,280,000.
Jamie Medress and Mark Ruble, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited partnership. The buyer, a limited liability company, was secured and represented by Chris Lind, investment specialist in Marcus & Millichap’s Phoenix office.
Pizza Hut is located at 4429 N US Highway 89 in Flagstaff, AZ.