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.
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.