Wednesday, July 13, 2011

Pineville Properties Sells 11,400-SF Walgreens for $6.83M

"Pineville Properties LLC sold the retail building located at 494 Nutt Road in Phoenixville, PA for $6.83 million, or about $599 per square foot. The building was sold to a private investor.

The retail building was delivered in 2008. It totals 11,400 square feet and sits on 1.42 acres. The property is occupied by Walgreens on a triple-net lease."

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