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Drug Store

Walgreens

828 Newville Rd, Orland, CA 95963

Listing Price: $7,242,000

Cap Rate
7.25%
Tenant Name
Walgreens
Years Remaining On Lease
10.2
Gross SF
15,930
Guarantor
Corporate Guarantee
Rentable SF
15,930
Price/Gross SF
$454.61
Lease Type
Absolute Net
Rent Per Square Feet
$32.96

Investment Overview

The Deltondo Group of Marcus & Millichap is delighted to offer for sale Walgreens, a single-tenant property in Orland, CA. This Walgreens property boasts a robust absolute-net lease with 10.5 years remaining before options. Situated strategically just off Interstate-5, this Walgreens store enjoys a daily traffic volume of more than 29,000 vehicles. The strength of its location is underscored by the presence of other national retailers in the surrounding area, including CVS, Dollar General, Subway, Wendy's, McDonald's, Burger King, Dutch Bros, Taco Bell, and AutoZone, among others.

Investment Highlights

  • Directly Off of I-5 which is the Main Highway Connecting Seattle Washington to San Diego, CA. People that are traveling north from Sacramento into Oregon or Vice-Versa will pass through Orland.
  • Walgreens has 10.5 Years Remaining before Options on Absolute Net Lease (Zero Landlord Responsibilities).
  • Proximity to Orland's Educational Institutions: Situated within a one-mile radius of Orland High School, which boasts an enrollment of more than 730 students, Mill Street School with 511 students, and
  • Convenient Highway Access: Strategically positioned just off Interstate-5, the Walgreens store benefits from a daily traffic flow of over 29,000 vehicles.
  • Strenght of Location is Evidenced by other National Retailers in Surrounding Area - CVS, Dollar General, Subway, Wendy's, McDonald's, Burger King, Dutch Bros, Taco Bell and AutoZone to name a few.
  • Free Standing Building

Exclusively Listed By

Financing By

Drug Store

Walgreens

Listing Price: $7,242,000

Cap Rate
7.25%
Tenant Name
Walgreens
Years Remaining On Lease
10.2
Gross SF
15,930
Guarantor
Corporate Guarantee
Rentable SF
15,930
Price/Gross SF
$454.61
Lease Type
Absolute Net
Rent Per Square Feet
$32.96

Investment Highlights

  • Directly Off of I-5 which is the Main Highway Connecting Seattle Washington to San Diego, CA. People that are traveling north from Sacramento into Oregon or Vice-Versa will pass through Orland.
  • Walgreens has 10.5 Years Remaining before Options on Absolute Net Lease (Zero Landlord Responsibilities).
  • Proximity to Orland's Educational Institutions: Situated within a one-mile radius of Orland High School, which boasts an enrollment of more than 730 students, Mill Street School with 511 students, and
  • Convenient Highway Access: Strategically positioned just off Interstate-5, the Walgreens store benefits from a daily traffic flow of over 29,000 vehicles.
  • Strenght of Location is Evidenced by other National Retailers in Surrounding Area - CVS, Dollar General, Subway, Wendy's, McDonald's, Burger King, Dutch Bros, Taco Bell and AutoZone to name a few.
  • Free Standing Building

Investment Overview

The Deltondo Group of Marcus & Millichap is delighted to offer for sale Walgreens, a single-tenant property in Orland, CA. This Walgreens property boasts a robust absolute-net lease with 10.5 years remaining before options. Situated strategically just off Interstate-5, this Walgreens store enjoys a daily traffic volume of more than 29,000 vehicles. The strength of its location is underscored by the presence of other national retailers in the surrounding area, including CVS, Dollar General, Subway, Wendy's, McDonald's, Burger King, Dutch Bros, Taco Bell, and AutoZone, among others.

Exclusively Listed By

Financing By

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