WALGREENS BUILDING IN FRESNO SELLS FOR $8M

by admin

FRESNO, CALIF. – A 14,820-square-foot retail property in Fresno that is triple-net leased to Walgreens has sold to Maxey Inc. for $8 million. The property is located at 2950 N. Fowler Ave. Walgreens has about 22 years remaining on its lease with 10 five-year options to renew. Maxey was represented by Turner Financial. The seller, Fresno S & F Development, was represented by Jeff Conover of Faris Lee Investments.

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