MARCUS & MILLICHAP ARRANGES THE SALE OF A 5,104-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 QuikTrip, a 5,104-square foot net-leased property located in Gilbert, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $4,272,390.

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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 bank/financial institution.  The buyer, a limited liability company, was secured and represented by Jamie Medress, Mark Ruble and Chris Lind.

QuikTrip is located at 847 North Arizona Avenue in Gilbert, Ariz.

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