Walgreens Pharmacy in Virginia Beach sells for $12 million

Paula C. Squires //September 28, 2015//

Paula C. Squires// September 28, 2015//

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A Walgreens pharmacy in Virginia Beach has sold for $12 million.

According to CBRE|Richmond, which brokered the sale, the buyer for the 14,200-foot store at 645 First Colonial Road was Sequoia Frankford Springs. The seller was Old Brandon First Colonial Associates LLC.

The pharmacy, located at the intersection of Laskin and First Colonial Roads, opened its doors in June following its construction. It has 47 customer parking spaces.

Craige Pelouze of CBRE|Richmond represented the seller in the transaction.

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