18568 Ventura Blvd - Drug Store FOR SALE


Tarzana, CA 91356
$7,585,000 USD
818-292-3175
18568 Ventura Blvd, Tarzana, CA for Sale
$7,585,000 USD
Drug Store - FOR SALE
1/12
null | 7.25% Cap Rate

18568 Ventura Blvd
Tarzana, CA 91356


HIGHLIGHTS

  • Absolute NNN Walgreens with a Strong and Stable Income Stream

OVERVIEW

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 18568 Ventura Boulevard, a 10,268 SF single tenant absolute NNN Walgreens situated on a total of 0.76 acres of land comprised of two separate parcels, a 13,811 SF front parcel zoned C2-1VL and a 19,363 SF rear parcel zoned R1-1, separated by an alley, for a total of 33,174 SF. The subject property is ideally positioned on the corner of Ventura Boulevard & Mecca Street in the affluent San Fernando Valley submarket of Tarzana, CA.

FOR SALE DETAILS

PRICE

$7,585,000 USD

PRICE/SF

$739 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,174 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

2161-016-027,2161-016-052

ASK ABOUT THIS PROPERTY

Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

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Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.