Marcus & Millichap Inc. has brokered the $7 million sale of a newly constructed Floor & Decor property in Chandler, Arizona. The 65,056-square-foot retail building, located at 1901 E. Northrop Blvd. near Chandler Municipal Airport, opened in August and is secured by a 20-year absolute triple-net ground lease. The property was marketed on behalf of the seller, a Delaware limited liability company, and sold to an Arizona limited liability company. Marcus & Millichap investment specialists Nick Christifulli, Mark Ruble, Chris Lind, and Zack House handled the transaction.
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