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9305 Mission Gorge Rd
Santee, CA 92071
Walgreens - Santee, CA · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Drive Thru
ABOUT 9305 MISSION GORGE RD , SANTEE, CA 92071
Jones Lang LaSalle ( JLL ) is pleased to offer for sale the fee-simple interest in a freestanding Walgreens (the Property or Asset ) located in Santee, California. Situated along the area' s primary thoroughfare with over 56,800 vehicles passing by daily, the Property is located in one of San Diego' s most rapidly expanding submarkets. The Asset is leased to one of the largest national pharmacies, Walgreens (the Tenant or Company ), on an absolute triple-net basis ( NNN ) with no landlord responsibilities, and over 15 years remaining on the primary lease term. Vacancy rates have plummeted and rental rates have soared in the Mission Gorge Road corridor, supporting the strong real estate fundamentals and desirable retail location. This investment represents an excellent opportunity to acquire a unique, absolute NNN freestanding pharmacy, leased to an investment grade tenant. The Property is situated as an outparcel to a Sprouts anchored shopping center and across the street is a Lowes anchored power center.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,977,072 | |
| Land Assessment | $2,137,383 | Total Assessment | $6,114,455 |
PROPERTY TAXES
