Investment Overview

Marcus and Millichap is pleased to offer the opportunity to acquire a Corporate Guaranteed Walgreens located at 100 N imperial Ave. El Centro, CA ("Asset" or "Property"). This highly desirable site is located in the center of downtown El Centro at the signalized hard corner of Imperial Avenue and Main Street. El Centro is a city in and county seat of Imperial County, California. Spanning more than 11,000 square miles, it is the largest city in the Imperial Valley. El Centro is the east anchor of the Southern California Border Region and is the core urban area and principal city of the El Centro metropolitan area, which encompasses all of Imperial County. Situated in southeastern California, El Centro is 113 miles from San Diego and less than 20 miles from the Mexican city of Mexicali. The Asset has more than 6 Years remaining on absolute Triple-Net (NNN) lease with a corporate Walgreens guaranty. Walgreens is an American pharmaceutical company which operates the largest drug retailing chain in the United States of America. It specializes in serving prescriptions, health & wellness products, health information and photo services. As of 2023, the company operates 8,700 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.