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$7.2m Walgreens Renton Closing March 18, 2010

Posted by Sean Tufts in Retail Sales Comps, Sale.
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A brand new Walgreens on the East Hill in Renton was purchased by a California buyer for $7,189,542 last week.  The sale represents a 7.65% CAP and $485/sf.  Symetra Life Insurance Company financed the purchase at a 67% LTV.  

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