P&B Holdings IV, LLC Acquires Walgreens Retail Property In Scottsdale For $5.8M

A Scottsdale Walgreens property located at 11250 E. Via Linda has been sold for $5.8 million. The asset encompasses a total area of 15,120 square feet within the Scottsdale, AZ market. The price per square foot achieved in this transaction is $384, with the retail building remaining fully occupied by Walgreens following the sale.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,800,000
• Square Footage: 15,120
• Price Per Square Foot: $384
• Buyer: P&B Holdings IV, LLC
• Seller: COMU, LLC
• Brokers: Shane Carter & Chris Hollenbeck - Cushman & Wakefield

In this transaction, Cushman & Wakefield acted as the representative for the seller, COMU, LLC, with brokers Chris Hollenbeck and Shane Carter facilitating the deal. The continuous occupancy by Walgreens under the new ownership is a key element of this transaction.