Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

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

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
288’ on California 135

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Mechanics Bank
Vons
Chase Bank
Bank of America
Crunch Fitness
Sky Zone
Starbucks
Red Robin Gourmet Burgers
Denny's
RDO Equipment Co.

Property Taxes

Property Taxes

Parcel Number
119-142-013
Land Assessment
$1,254,209
Improvements Assessment
$2,585,281
Total Assessment
$3,839,490
  • Listing ID: 39808944

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 707 N Broadway, Santa Maria, CA 93454

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}