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LAS VEGAS — Marcus & Millichap has arranged the $27.8 million sale of a 16,016-square-foot Walgreens, located at 3025 S. Law Vegas Blvd. on the Las Vegas strip. At a sale price of $1,736 per square foot, it is the most valuable single-tenant drugstore to ever trade in the U.S. Ray Germain of Marcus & Millichap's Las Vegas office represented the seller, a local real estate investment partnership, in the transaction. Sean Shahar Ziv of the firm's San Diego office represented the buyer, a foreign fund. Walgreens was in the 11th year of a 20-year, triple-net lease and prior to the close of escrow Germain negotiated an additional 10-year extension.