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Drug Store

CVS Pharmacy

3401 Katella Ave, Los Alamitos, CA 90720

Listing Price: $11,557,904

Cap Rate
5.25%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
17,746
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.19

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 3401 Katella Avenue in Los Alamitos, California. There are currently 13+ years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $606,790. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Investment Highlights

  • Long-Term Absolute Triple Net (NNN) Lease Approximately 13+ Years Remaining
  • CVS Corporate Guaranty | Investment-Grade Credit
  • Fee Simple Ownership

Exclusively Listed By

Broker of Record

  • Jonathan Giannola

    Vice President/Regional Manager

    (949) 419-3200

    License(s) CA: 01315359

    California

Listing Price: $11,557,904

Cap Rate
5.25%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
17,746
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.19

Investment Highlights

  • Long-Term Absolute Triple Net (NNN) Lease Approximately 13+ Years Remaining
  • CVS Corporate Guaranty | Investment-Grade Credit
  • Fee Simple Ownership

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 3401 Katella Avenue in Los Alamitos, California. There are currently 13+ years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $606,790. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Exclusively Listed By

Broker of Record

  • Jonathan Giannola

    Vice President/Regional Manager

    (949) 419-3200

    License(s): CA: 01315359

    California

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