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MinnesotaRetail

Marcus & Millichap sells Walgreens store in Minnesota

Staff Writer April 4, 2017
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Marcus & Millichap sold a 14,490-square-foot Walgreens store in Burnsillve, Minn. The $11.5 million sales price equals $794 a square foot.

Sean Doyle, senior associate in Marcus & Millichap’s Minneapolis office, represented the seller. Brandon Hanna, vice president of investments in the firm’s Detroit office, represented the buyer, a Florida-based private investor.

The Walgreens property is an out-parcel to a Super Target-anchored retail center and newly built Costco.

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