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5829 Lakewood Blvd
Lakewood, CA 90712

$7,264,000 USD

Drugstore For Sale  •  14,418 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,490 SF
  • Lot Size 1.02 AC
  • Building Class B
  • Year Built 2003
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C3
50 Transit Score
50 Walk Score

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

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 14,490 SF

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: 60
Type: Surface
Included in Rent: Yes
Matt McNeill 760-622-3225 SRS Real Estate Partners
Matt McNeill 760-622-3225 SRS Real Estate Partners