WAL-MART MARKETSIDE GROCERY STORE FETCHES $4.59 MILLION

GILBERT, ARIZ. — An undisclosed Southern California-based limited liability company has acquired a Wal-Mart Marketside Grocery Store, which is located at 838 W. Elliot Rd. in Gilbert. The 14,841-square-foot property sold for $4.59 million or $310 per square foot. Dave Wetta of Marcus & Millichap’s Phoenix office represented the buyer; Kevin Boeve and Lior Regenstreif, also of Marcus & Millichap, represented the undisclosed seller in the transaction.