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Marana AZ Walgreens sold for cash

Feb 09, 2010

“ Pacific Capital Investments, Inc., of Tempe, Arizona handled sale of Walgreens in Marana, AZ ”

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(iRealtyWire.Org) – A building and ground lease on a 14,600 sq ft free standing Walgreens Drug Store was sold in November 2009 for cash at a sale price of $3,750,000. The property located at 7800 N Cortaro Road, Marana AZ 85743 was built in 2000. The listing broker, representing the Seller, was Marcus & Millichap of Phoenix, AZ and the Selling broker, representing the Buyer, was Pacific Capital Investments, Inc. of Tempe, AZ. The sale was for all cash via an IRC Section 1031 tax deferred exchange from the Buyer's recent sale of a medical complex in Yuma, AZ. Pacific Capital Investments, Inc. is a commercial brokerage based in Tempe, AZ, that specializes in Single Tenant Retail Triple Net Lease Properties. The company is located at the Hayden Ferry Lakeside Complex, at 60 East Rio Salado Parkway, Suite 900, Tempe AZ 85281. For further information regarding offerings on Single Tenant Triple Net Lease Properties available for sale, please contact Pacific Capital Investments, Inc., at 888-277-8258.

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Released ByPeter Kwee, President



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