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Local investors buy Albertsons, Valero at Perkins and Essen

A group of local investors has purchased the Albertsons grocery store and Valero corner store and gas station at the corner of Perkins Road and Essen Lane for $11.6 million, according to Walt Ketchings of NAI/Latter & Blum, who represented the buyer. The property, at 7515 Perkins Rd., covers about 5.5 acres, Ketchings says, with the grocery store measuring approximately 62,000 square feet. “It’s one of the top probably three or four corners in the whole city,” he says. “Obviously it’s a good investment.” Read the full story via Business Report.