SOLD
Marcus & Millichap Facilitates $2.3M Sale Of Ground Lease In Glendale, AZ
SWC Loop 101 & Northen Avenue
Retail
3,200 SF
3,200 SF
Sold 185 days ago
Summary
Sale
ARIZONA
Retail
3,200 sqft
A ground lease at SWC Loop 101 and Northern Avenue in Glendale, AZ has been sold for $2.3 million. The transaction was facilitated by Marcus & Millichap, with a limited liability company selling the asset to another limited liability company. The ground lease spans 3,200 square feet, resulting in a price per square foot of $719.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,300,000
- Address: SWC Loop 101 & Northen Avenue, Glendale, AZ
- Market: Glendale, AZ
Chris Lind, Mark Ruble, and Nick Christifulli from Marcus & Millichap were the brokers involved in this ground lease transaction.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: - GROUND LEASE
IMAGE: Mark Ruble & Chris Lind
DATE: 11/02/2023
ADDRESS: SWC Loop 101 & Northen Avenue
MARKET: Glendale, AZ
ASSET TYPE: Retail
BROKERS: Chris Lind, Mark Ruble & Nick Christifulli - Marcus & Millichap
SALE PRICE: $2,300,000
SF: 3,200 ~ PPSF: $719
NOTE: Marcus & Millichap facilitated the sale of a ground lease at SWC Loop 101 and Northern Avenue in Glendale, with a limited liability company selling the asset to another limited liability company for $2.3 million.View on map
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Address SWC Loop 101 & Northen Avenue
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