707 N Broadway - Drug Store FOR SALE


Santa Maria, CA 93454
$5,904,000 USD
954-302-7365
707 N Broadway, Santa Maria, CA for Sale
$5,904,000 USD
Drug Store - FOR SALE
1/6
null | 6.25% Cap Rate

707 N Broadway
Santa Maria, CA 93454


HIGHLIGHTS

  • Corporate Signed Lease | Long Term Occupancy (20+ Years) | Nationally Recognized Brand | Strong Store Sales
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • New Major Santa Maria Developments
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• The tenant has successfully occupied the site since 2002 and has 6+ years remaining on the lease • Store has achieved strong year-over-year sales performance -contact broker for details • Lease is signed by Walgreen Co. • Walgreens currently operates nearly 8,700 retail locations across America, Puerto Rico and the U.S. Virgin Islands, and serves nearly 10 million customers each day

FOR SALE DETAILS

PRICE

$5,904,000 USD

PRICE/SF

$407 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens - Sant Barbara CA MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

PD/C-2

APN/PARCEL ID

119-142-013

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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