7560 Topanga Canyon Blvd | Canoga Park, CA 91303
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- LoopNet Team
7560 Topanga Canyon Blvd
Canoga Park, CA 91303
Walgreens $8M Los Angeles MSA Strong Sales · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Rental income is guaranteed by Walgreens corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,000 locations.
- EXCEPTIONAL REPORTED SALES - Reports exceptional sales volumes at this location. This store sells beer and wine and is open until 11pm.
- HIGH TRAFFIC COUNTS – Located along Topanga Canyon Blvd. and Saticoy St. for a combined traffic count of over 60,000 VPD.
- RARE INFILL LOS ANGELES MSA NET LEASED DRUGSTORE INVESTMENT - Opportunity to purchase a net leased drugstore in the Los Angeles MSA.
- RENTAL INCREASE IN 1ST OPTION - Lease allows for a rental increase of ±5.25% in the first option. Rent is set to increase to $463,748 in June 2026.
- AFFLUENT INCOME DEMOGRAPHICS – Household income in a 1-mi radius is $83,979, in a 3-mi radius it is $103,950 and in a 5-mi radius it is $110,546.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,120 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.37 AC
Zoning
LAP
Parking
72 Spaces (4.91 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 2111-001-028 | Improvements Assessment | $2,653,020 |
| Land Assessment | $9,020,268 | Total Assessment | $11,673,288 |
PROPERTY TAXES
Parcel Number
2111-001-028
Land Assessment
$9,020,268
Improvements Assessment
$2,653,020
Total Assessment
$11,673,288
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