Drug Store

Rite Aid

9450 Las Tunas Dr, Temple City, CA 91780

Listing Price: $7,995,000

Cap Rate
3.75%
Tenant Name
Rite Aid
Years Remaining On Lease
2.0
Gross SF
20,100
Guarantor
Corporate Guarantee
Rentable SF
20,100
Price/Gross SF
$397.76
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.93

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 9450 Las Tunas Drive, a single-tenant NNN investment opportunity with future development potential in Temple City, CA. The property features 20,100 square feet of gross leasable area and is situated on a large 58,629-square foot lot zoned TCC1. Rite Aid currently has two years remaining on their lease. The property is located in Los Angeles County sitting south of the 210 Freeway, north of the 10 Freeway, east of the 164 Freeway and west of Temple City Boulevard. Temple City is part of a cluster of cities, along with Pasadena, Arcadia, Rosemead, Monterey Park in the west San Gabriel Valley. Due to the property’s location and future development potential, 9450 Las Tunas Drive, offers a unique opportunity to any investor looking to acquire a well-maintained asset in the center of the San Gabriel Valley.

Investment Highlights

  • Development Opportunity.
  • Situated on a Large 58,629-Square Foot Lot!
  • Only Two Years Remaining on the Lease!
  • Absolute NNN - No Landlord Obligations.

Exclusively Listed By

Listing Price: $7,995,000

Cap Rate
3.75%
Tenant Name
Rite Aid
Years Remaining On Lease
2.0
Gross SF
20,100
Guarantor
Corporate Guarantee
Rentable SF
20,100
Price/Gross SF
$397.76
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.93

Investment Highlights

  • Development Opportunity.
  • Situated on a Large 58,629-Square Foot Lot!
  • Only Two Years Remaining on the Lease!
  • Absolute NNN - No Landlord Obligations.

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 9450 Las Tunas Drive, a single-tenant NNN investment opportunity with future development potential in Temple City, CA. The property features 20,100 square feet of gross leasable area and is situated on a large 58,629-square foot lot zoned TCC1. Rite Aid currently has two years remaining on their lease. The property is located in Los Angeles County sitting south of the 210 Freeway, north of the 10 Freeway, east of the 164 Freeway and west of Temple City Boulevard. Temple City is part of a cluster of cities, along with Pasadena, Arcadia, Rosemead, Monterey Park in the west San Gabriel Valley. Due to the property’s location and future development potential, 9450 Las Tunas Drive, offers a unique opportunity to any investor looking to acquire a well-maintained asset in the center of the San Gabriel Valley.

Exclusively Listed By

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