MARCUS & MILLICHAP ARRANGES THE SALE OF A 4,283-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 Carl’s Jr. & Wells Fargo ATM, a 4,283-square foot net-leased property located in Phoenix, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $1,398,000.

Chris Lind, 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.  The buyer, an individual/personal trust, was secured and also represented by Mr. Lind, Mr. Medress, and Mr. Ruble.

Carl’s Jr. & Wells Fargo ATM is located at 10 N 24th St in Phoenix, AZ.

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