MARCUS & MILLICHAP ARRANGES THE SALE OF A 4,075-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 Chick-Fil-A Ground Lease, a 4,075-square foot net-leased property located in Hutchinson, KS, according to Donald D. Morrow, regional manager of the firm’s Phoenix office.

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The asset sold for $1,240,000.

 

 

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 partnership, was secured and represented by Jamie Medress and Mark Ruble , investment specialists in Marcus & Millichap’s Phoenix office.

 

Greg Bates, Broker, assisted in closing this transaction.

Chick-Fil-A Ground Lease is located at SEC East 17th Avenue and Ken Kennedy Freeway in Hutchinson, KS.

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