SRS Brokers the Purchase of 1.64 Acres in Scottsdale

PHOENIX (March 30, 2015) – SRS represented CVS/pharmacy in the acquisition of the 8,691-square-foot former Carlos O’Brien Restaurant located on a 1.64-acre parcel at 7111 East Bell Road, in Scottsdale, Ariz. The building is located west of the southwest corner of Bell and Scottsdale Roads and will be razed for redevelopment.  CVS plans to build a prototypical pharmacy with a drive thru at the location. CVS/pharmacy is the retail division of CVS Health a pharmacy innovation company with 7,800 retail pharmacies and more than 900 walk-in medical clinics.

Ed Beeh and Chuck Gibson with SRS represented the buyer, German Dobson CVS LLC, in the transaction.  

About SRS
SRS is the largest real estate company in North America exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and management services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit srsre.com.