DS Lauderdale Lakes FL Landlord LLC Acquires Walgreen Co Retail Property In Lauderdale Lakes For $7M

The property asset involved in this transaction is a retail property located at 3099 North State Road 7 in Lauderdale Lakes. The property has a total area of 15,568 square feet and was sold for a price of $7,000,000, resulting in a price per square foot of $449.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,000,000
• Address: 3099 North State Road 7, Lauderdale Lakes
• Market: Lauderdale Lakes

The buyer in this transaction is DS Lauderdale Lakes FL Landlord LLC, represented by SunTrust Equity Funding LLC. The seller of the property is Walgreen Co, with Stefano Pessina and Richard Ashworth involved in the sale.