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Walgreens 15480 Main St 14,490 SF Retail Building Hesperia, CA 92345 $5,872,210 ($405.26/SF) 5.70% Cap Rate
EXECUTIVE SUMMARY
Lucrative Returns: With 2024 annual revenues surpassing $147 Billion, up over 6% from the previous year, and the tenant operating at this location for 20 years, this property presents a compelling opportunity for investors seeking a stable and high ROI potential.
Added Value: Benefit from the convenience of a drive-thru pharmacy on-site, enhancing the property's appeal and further solidifying its position as a lucrative investment in the competitive retail sector.
Zero landlord responsibility with absolute Triple Net lease.
Lucrative investment opportunity with the tenant responsible for all NNN fees, including property taxes and insurance, ensuring a hassle-free income stream for investors.
With a 75-year lease that began in February 2006, stability and long-term returns are at the core of this enticing offering. The lease has ten separate 5-year termination options with the first termination option on January 31, 2031.
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0408-181-01 | Improvements Assessment | $4,150,000 |
| Land Assessment | $1,200,000 | Total Assessment | $5,350,000 |
PROPERTY TAXES
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Walgreens | 15480 Main St
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