2014 Q1 Sales Archive

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Walgreens on Tanque Verde Trades for $8.3 Million

Walgreens (NYSE:WAG) at 8980 E Tanque Verde Road in Tucson was sold before it was finished. The single tenant, freestanding 14,820- square-foot Walgreens with drive-thru opened December 2013. Before construction was completed, 813 Corporation, a Colorado-based investment company (James Pallasch, managing member) had it under contract to purchase at $8.3 million ($560 PSF), an upleg […]

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