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Walgreens | Hesperia, CA 15480 Main St 14,490 SF Retail Building Hesperia, CA 92345 $4,319,000 ($298.07/SF) 7.75% Cap Rate



Investment Highlights
- Corporate Lease - $23.10 Rent/SF
- Hard Corner Location - 1.20 Acre Lot
- Retail Corridor Location - Stater Bros, Dutch Bros, Carl's Jr.
- NNN Lease Structure - Zero Landlord Responsibilities
- 151,318 Residents Within 5-Miles - 39,287 Cars Per Day
- 75 Minutes from Los Angeles - 70 Minutes From Anaheim
Executive Summary
Walgreens is the second largest drugstore chain in the United States, with over 8,000 locations across the U.S. including Puerto Rico.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2006
Price
$4,319,000
Price Per SF
$298.07
Cap Rate
7.75%
NOI
$334,716
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.20 AC
Parking
40 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 14,490 SF
- -
- Triple Net
- Dec 2030
Walgreens Boots Alliance traces its roots to Walgreens, founded in Chicago in 1901, and later grew through the combination with Alliance Boots into a broader healthcare, pharmacy, and retail business. The company describes itself as an integrated healthcare, pharmacy, and retail leader serving millions of customers and patients every day. Its business spans retail pharmacy, prescription services, health and wellness products, and related healthcare offerings, reflecting a focus on community-based care and access to medicines and services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 14,490 SF | - | Triple Net | Dec 2030 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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
Parcel Number
0408-181-01
Land Assessment
$1,200,000
Improvements Assessment
$4,150,000
Total Assessment
$5,350,000
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Walgreens | Hesperia, CA | 15480 Main St
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