MARCUS & MILLICHAP ARRANGES THE SALE OF A 7,008-SF 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 AutoZone Ground Lease, a 7,008-square-foot net-leased property located in El Mirage (Phoenix), AZ, according to Don Morrow, regional manager of the firm’s Phoenix office.

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The asset sold for $890,000.

 

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 fund manager.

 

The buyer, a private investor, was secured and represented by Jamie Medress, Mark Ruble and Chris Lind.

 

AutoZone Ground Lease is located at 13050 West Thunderbird Road in El Mirage in Phoenix.

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