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Sunday, Jul 14, 2024
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Carmel Valley Pharmacy Sold

A Carmel Valley CVS Pharmacy has been sold for nearly $5.8 million.

The 16,972 square-foot, freestanding building on a 2.59-acre lot at 14589 Camino Del Norte was sold by Tian Ren Di, LLC to IMSJ, LLC.

Adam Friedlander, senior vice president of Beta Agency, represented the buyer.

The Seller, Tian Ren Di, LLC, was represented by Connor Olandt of Matthews REIS.

“There is limited drugstore competition from newer freestanding stores in the area,” Friedlander said. “This will be a legacy asset that the Buyer will hold and pass on to future generations.”

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