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 3,616-square foot net-leased property located in Casa Grande, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office.
The asset sold for $3,437,500.
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 developer. The buyer, a limited liability company, was secured and represented by Jamie Medress and Mark Ruble.
Raising Cane’s is located at 2469 East Florence Road in Casa Grande, Ariz.