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WALGREENS  |  $4,631,000  |  6.40% CAP

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» ABSOLUTE-NET LEASE (NO LANDLORD RESPONSIBILITIES): 13.5+ Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5 Years.


» STRATEGIC SIGNALIZED HARD CORNER LOCATION: Walgreens is Located on Southwest 1st Avenue Overseeing 29,300+ VPD.


» NEARBY MAJOR SCHOOLS: Walgreens Business Benefits from Being Close to Six Schools Totaling 3,400+ Students.


» ADJACENT TO SAFEWAY ANCHORED SHOPPING CENTER: Across 1st Avenue from Walgreens, Resides a Safeway Anchored Center with other National Tenants Such As: Ace Hardware, Dollar Tree, AT&T, and Starbucks. Other Surrounding Tenants Include: Panda Express, AutoZone, KFC, Dutch Bros Coffee, to Name a Few.


» STRONG CORPORATE GUARANTY: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.


» STRONG DEMOGRAPHICS IN TRADE AREA: The 5-Mile Trade Area Supports Over 45,000+ Residents with an Average Household Income Exceeding $107,000.


» STRONG PERFORMING LOCATION: High Sales Reported - Contact Broker for Details.

PRESENTED BY:

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com
Lic. CA 01797033

BROKER OF RECORD
David Tabata

License: 200709023

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