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5829 Lakewood Blvd
Lakewood, CA 90712

$7,566,667 USD

Drugstore For Sale  •  14,418 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,418 SF
  • Lot Size 1.02 AC
  • Building Class B
  • Year Built 2003
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning C3
0 Transit Score
77 Walk Score

Highlights

Long-Term Absolute NNN Lease – Recent Lease Extension 13 years of term remaining on an absolute NNN lease, with no Landlord maintenance or expense res
Walgreens Corporate Guarantee – Excellent Store Sales Walgreens (S&P rating of BB-) reported $147 billion in revenue for 2024 and $81 billion in Asse
High-Traffic Location Located in a highly trafficked retail corridor at the signalized, hard-corner intersection of Lakewood Boulevard and South Stre

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens

Amenities

  • Car Charging Station

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 8.5 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 4.9 mi
Los Angeles International 30 min - 20.8 mi
John Wayne/Orange County 33 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Matt McNeill 760-622-3225 SRS Real Estate Partners
Matt McNeill 760-622-3225 SRS Real Estate Partners