Marcus & Millichap Arranges Sale of 14,820-Square-Foot Walgreens-Occupied Building in Maricopa, Arizona

Maricopa, Ariz. — Marcus & Millichap has brokered the sale of a Walgreens property located on 1.7 acres at the intersection of North John Wayne Parkway and West Smith Enke Road in Maricopa. An out-of-state buyer acquired the asset from the estate of a Northern California family for $5.7 million. Walgreens occupies the 14,820-square-foot retail building on a net-leased basis. Sanford Burstyn of Marcus & Millichap’s Phoenix office represented the seller and procured the buyer in the deal.