Marcus & Millichap announced the sale of Aaron’s, a 6,000-square foot net-leased property located in Buckeye, AZ, according to Donald D. Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,685,000.
Mark Ruble and Jamie Medress, 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.
Aaron’s is located at 1260 South Watson Road in Buckeye, AZ. Located in one of the most dynamic trade areas in Greater Phoenix, as evidenced by sales figures, indicates that Buckeye has some of the top performing retailers in the region. Aaron’s, Inc., a national leader in the sales and lease ownership and specialty retailing of residential and office furniture, consumer electronics, home appliances and accessories, has more than 1,900 Company-operated and franchised stores in 48 states and Canada.