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PHOENIX – A 14,490-square-foot property in Phoenix that is net leased to Walgreens has sold to an unnamed buyer for $7.9 million. The property is located at 6838 North 7th Street. An acquisition loan with a 10-year term, 25-year amortization schedule and 4.1 percent rate was structured by Josh Sciotto of Marcus & Millichap Capital Corporation’s Phoenix office. The LLC seller was represented by Mark Ruble and Jamie Medress of Marcus & Millichap’s Phoenix office.