OCALA, FL-A newly constructed Walgreen’s store just sold for $7 million in a market flooded with retail space. The 16,510-square-foot Walgreen’s opened its doors in June 2010.
Plaza Advisors Co-Managing Partners Anthony Blanco and Jim Michalak, together with senior associate Lenard Williams, represented the seller in the transaction. Both the buyer and seller remain undisclosed.
The building is located at the intersection of State Road 200 and SW 80th Avenue, at the entrance to the On Top of the World residential communities. The Walgreen’s features a liquor store and has a 25-year lease with 50 years of options.
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