According to their sales agent, Chris Hollenbeck, after opening their fourth branch at McDowell Mountain in North Scottsdale earlier this month, Vig owners Tucker Woodbury and Jim Riley sold their Fillmore location on Fourth Avenue in Phoenix for $2.3 million.
The Fillmore location opened in 2013, six years after the opening of its original Arcadia location, and nearly three years after the ribbon-cutting of its second location in Central Phoenix. The Vig Fillmore is known for its spacious patio complete with tables, lounge chairs, a fire pit, and an outdoor bar.
"The Vig has been a staple in Phoenix for over a decade, and as downtown grows, the Fillmore location will continue to thrive,” says Hollenbeck.
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The owners of The Vig sold the property as a long-term sale leaseback, which means that they will continue operations, but will be renting the space back from the new owners, a company called 4th & Fillmore Place, LLC.