Marcus & Millichap leases 700 SF for $1.2M

Marcus & Millichap announced the sale of Salad and Go, 20-year lease, a 700-square-foot net-leased property located in Gilbert, Ariz., according to Don Morrow, regional manager of the firm’s Phoenix office.

The asset sold for $1,175,700.

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 represented by Anh Stovall and J.J. Taughinbaugh, investment specialists in Marcus & Millichap’s Palo Alto, Calif., office.

Salad and Go is located at 910 S. Cooper Rd. in Gilbert.