Marcus & Millichap Arranges the Sale of a 546-square foot Net-Leased Property for $1.3 M

TEMPE, AZ – Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The Human Bean Ground Lease @ ASU, a 546-square foot net-leased property located in Tempe, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $1,300,000.

Mark Ruble, Jamie Medress 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 limited liability company, was also secured and represented by Ruble, Medress and Lind.

The Human Bean Ground Lease @ ASU is located at McClintock & University in Tempe, AZ.