Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Taco Bell, a 2,496 square foot net-leased property located in Sun Valley, NV.
Dustin R. Alvino, First Vice President of Investments at Marcus & Millichap’s Las Vegas office, represented the seller and buyer in this transaction. The asset sold for $2,239,000, producing a cap rate of 5.36%. Asset highlights include a brand new 12 year lease, excellent demographics, and located near the city community college.
For more information regarding the sale of Taco Bell or if you have any other questions relating to net-leased investments, please do not hesitate to reach out to Dustin R. Alvino.
Dustin R. Alvino | (702) 215-7120