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Walgreens 1501 W Whittier Blvd 14,775 SF Retail Building Montebello, CA 90640 $7,950,000 ($538.07/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • HEAVY DAY TIME CARS AND FOOT TRAFFIC
  • OPEN FLOOR PLANS
  • LOTS OF NATURAL LIGHT

EXECUTIVE SUMMARY

Investment highlights Single-Tenant Walgreens (NASDAQ: WBA) MONTEBELLO CITY, CA 90640 Largest daily needs retail pharmacy provider in the United States with 8,600+ locations Absolute NNN lease; zero landlord responsibilities 53+ years remaining on the term Long-term operating history at the property (22+ years) #28 “Fortune 500” – Fortune (2024) High-Traffic Location

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,775 SF
Building Class
B
Year Built
2005
Price
$7,950,000
Price Per SF
$538.07
Cap Rate
5.50%
NOI
$437,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.83 AC
Zoning
C2 - COMMERCIAL
Parking
45 Spaces (3.05 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $29.52
  • Triple Net
  • Mar 2079

Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $29.52 Triple Net Mar 2079
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Superior Grocers
Bank of America
U.S. Bank
Chase Bank
Starbucks
The Buffalo Spot
The Habit Burger Grill
Bj's Restaurant & Brewhouse
Sizzler
7 Leaves Cafe

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6337-003-034
Land Assessment
$6,678,982
Improvements Assessment
$2,850,580
Total Assessment
$9,529,562
  • Listing ID: 37586080

  • Date on Market: 9/8/2025

  • Last Updated:

  • Address: 1501 W Whittier Blvd, Montebello, CA 90640

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