828 Newville Rd | Orland, CA 95963
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- LoopNet Team
828 Newville Rd
Orland, CA 95963
Absolute Net Walgreens | 10 Years Remaining · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Discover a lucrative acquisition opportunity with 828 Newville Road, an established Walgreens location with an absolute net lease in place.
- 828 Newville Road presents a new owner with the ultimate passive income, yielding a stable NOI and zero landlord responsibilities.
- Operating in a small suburban locale with sparse retail development, Walgreens benefits from being a staple shopping destination for the community.
- Strategically positioned just off Interstate 5, Walgreens profits from visibility to a daily traffic flow of over 29,000 vehicles daily.
- With 10 years left on the original term and future options to extend, a buyer will value this secure, long-term investment opportunity.
- Neighboring retailers generating additional sales through cross-traffic include Subway, Burger King, McDonald’s, Dollar General, and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,930 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.77 AC
Zoning
C-H
Parking
82 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
310’ on Newville Rd
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,962,048 | |
| Land Assessment | $326,230 | Total Assessment | $2,288,278 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$326,230
Improvements Assessment
$1,962,048
Total Assessment
$2,288,278
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