5829 Lakewood Blvd - Drug Store FOR SALE


Lakewood, CA 90712
$7,264,000 USD
760-622-3225
5829 Lakewood Blvd, Lakewood, CA for Sale
$7,264,000 USD
Drug Store - FOR SALE
1/8
null | 6.25% Cap Rate

5829 Lakewood Blvd
Lakewood, CA 90712


HIGHLIGHTS

  • Long-Term Absolute NNN Lease – Recent Lease Extension
  • Walgreens Corporate Guarantee – Excellent Store Sales
  • High-Traffic Location | Strong Demographics | Affluent Trade Area
  • Strong Retail Synergy | High Barriers to Entry | Core In-Fill Los Angeles MSA
  • Major Hospital & Education Center Proximity
  • 3 Miles North of Long Beach Airport, the 10th Busiest Airport in California with 1.4 Million Passenger Boardings

FOR SALE DETAILS

PRICE

$7,264,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | Lakewood, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

C3

APN/PARCEL ID

7160-019-049

ASK ABOUT THIS PROPERTY

Matt McNeillSRS Real Estate PartnersMore Info
760-622-3225

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Matt McNeillSRS Real Estate PartnersMore Info
760-622-3225

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