PROPERTY OVERVIEW
Rent. $225Kyr, MG (inclusive of RET; R&M, ins., utilities separate)
Master Lease Expiration. 7/31/32
Walgreens Premises. ±13.4K SF (±10,095 SF – 1st floor) + drive-through
Signage. Building
Year Built. 2007
Intersection. Signalized, major retail intersection (~54 VDP)
Parking. ~35 spaces
Access. RI/RO on Vineland & Magnolia. Extended FI/FO on Magnolia
Zoning. C4-1-CA (Enterprise Zone) – USE REGULATIONS
Prohibited Use. Pharmacy
LOCATION OVERVIEW
Located in the NoHo Arts District, one of the trendiest areas in the San Fernando Valley. ?????
Close to Toluca Lake and Valley Village neighborhoods
High pedestrian counts and population density
Convenient Central Valley Location:
0.25 mi – North Hollywood Metro Line
1.5 mi – 101 | 170 | 134 Freeway Junction
2.5 mi – Universal Studios Hollywood
3.5 mi – Bob Hope Airport
SUBLEASE TERMS
SUGGESTED RENT* $275,000 / yr, modified gross (inclusive of RET; R&M, insurance, utilities separate)
TERM 7/31/32 (Co-terminus with master lease)
DELIVERY “As-Is”
OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
