Marcus & Millichap Arranges $3M Sale of Net-Leased Retail Property in St. Petersburg

Marcus & Millichap Arranges $3M Sale of Net-Leased Retail Property in St. Petersburg

Marcus & Millichap has negotiated the $2.5 million sale of a retail property net-leased to Walgreens Pharmacy in St. Petersburg. Located at 875 Dr M.L.K. Jr. St. N, the 14,208-square-foot property is subject to a long-term lease with Walgreens. Paul Bouldin of Marcus & Millichap’s Tampa office represented the seller, a partnership, in the transaction. […]