Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Carl’s Jr., a 4,242-square foot net-leased property located in Phoenix, AZ, according to Donald D. Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,800,000.
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 liability company.
Carl’s Jr. is located at 2750 West Thomas Road in Phoenix, AZ. Thomas Road is a prominent street in the metropolitan area. The street stretches from Scottsdale in the east to Litchfield Park in the west.