MARCUS & MILLICHAP HANDLES $3.5 MILLION RETAIL PURCHASE NW OF PHOENIX

GLENDALE, ARIZ. — Marcus & Millichap has negotiated the $3.5 million acquisition of a 14,552-square-foot BevMo! store, located at 6712 West Bell Road in Glendale. The tenant is currently occupying the single-tenant, net-leased property under a sublease from CVS. Marcus & Millichap’s Jamie Medress and Mark Ruble represented the buyer, a limited-liability company, in the transaction.