Walgreens

Investment Overview

NAI Capital, as exclusive advisors to ownership, is pleased to present this freestanding single tenant absolute NNN investment opportunity with Walgreens. The chain has been in operations at this location for almost 30 years and has a drive thru pharmacy. The lease has a remaining term of 37 years and termination rights every 5 years. This absolute triple net lease with zero landlord responsibility is ideal for passive investors. The next termination right occurs in May of 2027. The tenant has indicated that they would negotiate the waiver of this termination right, thus allowing the seller to deliver a potential 7-year term investment. The subject consists of a 15,160 SF building built in 2001 and is situated on a 2.04-acre lot located on the SEC of Arrow Highway and Lone Hill Avenue (over 54,000 cars per day). The property is adjacent to and shares a parking lot with the Fitness Plaza, a 20,000 SF strip center. The property is also across the street from the San Dimas Plaza, a 200,000 SF community center anchored by Smart & Final Extra, Harbor Freight and TJ Maxx. Situated just off the West Arrow Highway exit of State Route 57, the high-traffic signalized intersection offers excellent visibility and accessibility. The location also offers close proximity to other major retailers such as Walmart, Big-5, Costco, Target, Trader Joe’s, Home Depot, Lowe’s, Boot Barn, Planet Fitness, and more. The property is located in a well populated and affluent neighborhood with high average household incomes, contributing to the strong performance and demand for Walgreens.

Investment Highlights

• Walgreens Absolute NNN Investment
• National Credit Corporate Guarantor (NASDAQ: WBA)
• 15,160 SF Building On 2.04 Acres Lot
• Almost 30 Year History at Location - Since 1996
• Operational Drive Thru Pharmacy
• High Visibility/Traffic Signalized Intersection - Over 54,000 CPD
• Affluent Neighborhood - Average HH Incomes Over $137,000 (3-Mile Radius)
• Easy Access to 57, 10 & 210 Freeways
• Excellent Retail Corridor Synergizing with National Tenants