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Virginia Beach Walgreens Property Sold for $5 Million

Virginia Beach Walgreens Property Sold for $5 Million

B+E, a brokerage and technology platform for net lease real estate, has successfully arranged the sale of a Walgreens property in Virginia Beach, Virginia. The transaction was valued at an impressive $4.9 million and involved both a private real estate investment trust as the buyer and family office as the seller.

The 14,560 square foot property is situated on 1.78 acres at 4768 Shore Drive in Virginia Beach. B+E’s transaction platform provides intuitive dashboards along with an AI-driven exchange that utilizes data from within the net lease industry to provide market information to its users.

This successful sale of this Walgreens property marks yet another success story for B+E’s innovative technology platform which continues to revolutionize how transactions are conducted within this sector of commercial real estate investing

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