Marcus & Millichap, a commercial real estate investment firm, announced Dec. 30 the sale of Raising Cane’s, a 3,848-square foot net-leased property located in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,550,000.
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 developer.
Raising Cane’s is located at 4506 E. Cactus Rd. in Phoenix.