Drug Store
Walgreens - Highest Cap Store Nationwide w/ 9+ Yrs Remaining
828 Newville Rd, Orland, CA 95963
Listing Price: $5,385,000
Cap Rate
9.75%
Tenant Name
Walgreens
Years Remaining On Lease
9.3
Guarantor
Corporate Guarantee
Rentable SF
15,390
Lease Type
Absolute Net
Rent Per Square Feet
$34.11
Investment Overview
828 Newville Rd., Orland, CA
Walgreens - Highest Cap Store Nationwide w/ 9+ Yrs Remaining
Investment Highlights
- SIGNALIZED INTERSECTION | HIGH TRAFFIC VISIBILITY: Strategically located just off Interstate 5, the primary north-south corridor connecting Seattle, WA to San Diego, CA — over 29,000 vehicles per day
- TOP NATIONAL RETAIL CORRIDOR: Surrounded by national tenants including Dollar General, Subway, Wendy's, McDonald's, Burger King, Dutch Bros, Taco Bell, and AutoZone
- PROXIMITY TO EDUCATION & COMMUNITY HUBS: Located within one mile of Orland's top schools: Orland High School, Mill Street School, & CK Price Intermediate
- CORPORATE ABSOLUTE NET LEASE 9.25 YEARS REMAINING: 14,560 SF Walgreens on a corporate-guaranteed Absolute NNN Lease through 2034, with zero landlord responsibilities
- INVESTMENT GRADE TENANT: Walgreens Boots Alliance (NYSE: WBA) operates over 9,000 locations nationwide
Exclusively Listed By
Drug Store
Walgreens - Highest Cap Store Nationwide w/ 9+ Yrs Remaining
Listing Price: $5,385,000
Cap Rate
9.75%
Tenant Name
Walgreens
Years Remaining On Lease
9.3
Guarantor
Corporate Guarantee
Rentable SF
15,390
Lease Type
Absolute Net
Rent Per Square Feet
$34.11
Investment Highlights
- SIGNALIZED INTERSECTION | HIGH TRAFFIC VISIBILITY: Strategically located just off Interstate 5, the primary north-south corridor connecting Seattle, WA to San Diego, CA — over 29,000 vehicles per day
- TOP NATIONAL RETAIL CORRIDOR: Surrounded by national tenants including Dollar General, Subway, Wendy's, McDonald's, Burger King, Dutch Bros, Taco Bell, and AutoZone
- PROXIMITY TO EDUCATION & COMMUNITY HUBS: Located within one mile of Orland's top schools: Orland High School, Mill Street School, & CK Price Intermediate
- CORPORATE ABSOLUTE NET LEASE 9.25 YEARS REMAINING: 14,560 SF Walgreens on a corporate-guaranteed Absolute NNN Lease through 2034, with zero landlord responsibilities
- INVESTMENT GRADE TENANT: Walgreens Boots Alliance (NYSE: WBA) operates over 9,000 locations nationwide
Investment Overview
828 Newville Rd., Orland, CA
Exclusively Listed By
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