Marcus & Millichap Arranges the Sale of a 3,041 Square foot Netleased Property

QUEEN CREEK, AZ, January 30, 2018 — 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 Raising Cane’s, a 3,041 ­square foot net-­leased property located in Queen Creek, AZ, according to Ryan Sarbinoff, regional manager of the firms Phoenix office. The asset sold for $4,100,000.

 

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. The buyer, a limited liability company, was secured and represented by David Cutler, Kirk Trammell and Joshua Johnson , investment specialists in Marcus & Millichap’s Palo Alto office. Raising Cane’s is located at 21571 S Ellsworth Loop Rd in Queen Creek, AZ.

 

About Marcus & Millichap (NYSE: MMI) With over 1,700 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 9,000 transactions in 2016 with a value of approximately $42.3 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

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