Log In/Sign Up
Your email has been sent.
707 N Broadway
Santa Maria, CA 93454
Walgreens - Sant Barbara CA MSA · Retail Property For Sale
Investment Highlights
- Corporate Signed Lease | Long Term Occupancy (20+ Years) | Nationally Recognized Brand | Strong Store Sales
- New Major Santa Maria Developments
- Strong Demographics In 5-mile Trade Area
- NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Signalized, Hard Corner Intersection | Excellent Visibility & Access
Executive Summary
• The tenant has successfully occupied the site since 2002 and has 6+ years remaining on the lease
• Store has achieved strong year-over-year sales performance -contact broker for details
• Lease is signed by Walgreen Co.
• Walgreens currently operates nearly 8,700 retail locations across America, Puerto Rico and the U.S. Virgin Islands, and serves nearly 10 million customers each day
• Store has achieved strong year-over-year sales performance -contact broker for details
• Lease is signed by Walgreen Co.
• Walgreens currently operates nearly 8,700 retail locations across America, Puerto Rico and the U.S. Virgin Islands, and serves nearly 10 million customers each day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2001
Price
$5,904,000
Price Per SF
$407.45
Cap Rate
6.25%
NOI
$369,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.34 AC
Zoning
PD/C-2
Parking
56 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 119-142-013 | Improvements Assessment | $2,585,281 |
| Land Assessment | $1,254,209 | Total Assessment | $3,839,490 |
Property Taxes
Parcel Number
119-142-013
Land Assessment
$1,254,209
Improvements Assessment
$2,585,281
Total Assessment
$3,839,490
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
