PROPERTY OVERVIEW
Rent. $195,000/yr, Modified Gross* (inclusive of RET; R&M, insurance, utilities separate)
Master Lease Expiration. 9/30/34
Walgreens Premises. ±14,820 SF + drive-thru
Signage. Building + monument
Year Built. 2010
Intersection. SWC of Missouri Flat & Forni (~45K VPD)
Parking. ± 63
Access. 2 RI/ROs + 1 extended FI/FO on Forni Rd
Zoning. Commercial Mainstreet CM – ALLOWED USE
Prohibited Uses. Pharmacy, arcade, bar, educational or training facility, indoor children’s recreational facility, vehicle sales or repair and/or 2nd hand stores
LOCATION OVERVIEW
Just east of Hwy 50, b/w Sacramento & Lake Tahoe
Placerville is a commercial hub that serves small neighboring communities and the last notable stop enroute to Tahoe.
Area’s 2nd largest intersection (~45K VPD)
Nearby commercial uses include Walmart, Goodwill, McDonald’s, El Dorado Community Health Centers, Schools First Credit Union & Herbert Green Middle School.
SUBLEASE TERMS
SUGGESTED RENT* $195,000/yr (inclusive of RET; R&M, insurance, utilities separate)
TERM 9/30/34 (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
