Charlotte Area Walgreens Sold


A freestanding Walgreens located at the northwest corner of Highways 16 and 73 in Denver, a suburb of Charlotte, has been sold to South Florida-based Evans Denver Drugstore, LLC for $6.5 million. The seller, Fort Lauderdale, Fla.-based Morgan Property Group (MPG), through its affiliate Denver I Realty, LLC, acquired the property in 2011 and oversaw all construction and development activities for both on- and off-site improvements. Walgreens opened in the fourth quarter of 2011.

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