Marcus & Millichap arranges the sale of a 3,108-square foot 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 Jack in the Box – 20 Yr. Lease, a 3,108-square foot net-leased property located in Casa Grande, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $2,575,000.
The buyer, a private investor, as well as the seller, was secured and represented by Mark Ruble, Jamie Medress, and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office. Ruble assisted both parties in structuring a Sale-leaseback.
Jack in the Box – 20 Yr. Lease is located at West Cottonwood Lane & North Pinal Ave in Casa Grande, AZ.