Sale of Net Lease Raising Cane’s in Casa Grande

Raising Cain CG 450x250
2469 E Florence Rd., Casa Grande, AZ

CASA GRANDE, AZ– 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 Raising Cane’s, a 3,616-square foot net-leased property located in Casa Grande, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,437,500 ($950 PSF).

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.  The buyer, a limited liability company, was secured and represented by Jamie Medress and Mark Ruble

Raising Cane’s is located at 2469 East Florence Road in Casa Grande, AZ.