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5829 Lakewood Blvd
Lakewood, CA 90712
Walgreens | Lakewood, CA · Retail Property For Sale
Investment Highlights
- Long-Term Absolute NNN Lease – Recent Lease Extension
- High-Traffic Location | Strong Demographics | Affluent Trade Area
- Major Hospital & Education Center Proximity
- Walgreens Corporate Guarantee – Excellent Store Sales
- Strong Retail Synergy | High Barriers to Entry | Core In-Fill Los Angeles MSA
- 3 Miles North of Long Beach Airport, the 10th Busiest Airport in California with 1.4 Million Passenger Boardings
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,490 SF
Building Class
B
Year Built
2003
Price
$7,264,000
Price Per SF
$501.31
Cap Rate
6.25%
NOI
$454,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
1.02 AC
Zoning
C3
Parking
60 Spaces (4.14 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 7160-019-049 | Improvements Assessment | $1,396,043 |
| Land Assessment | $2,201,180 | Total Assessment | $3,597,223 |
Property Taxes
Parcel Number
7160-019-049
Land Assessment
$2,201,180
Improvements Assessment
$1,396,043
Total Assessment
$3,597,223
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