1715 N Bristol St - Drug Store FOR SALE


Santa Ana, CA 92706- West Floral Park
$2,325,000 USD
949-547-2213
1715 N Bristol St, Santa Ana, CA for Sale
$2,325,000 USD
Drug Store - FOR SALE
1/5
null | 8.74% Cap Rate

1715 N Bristol St
Santa Ana, CA 92706
West Floral Park


HIGHLIGHTS

  • Approximately 14 Years Remaining | Options To Extend
  • Absolute NNN | Leasehold Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Dense Retail Corridor |Santa Ana College (37,916 Students) | Interstate 5 (381,000 VPD)
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased, freestanding Walgreens investment property located in Santa Ana, CA (Orange County). The tenant has approximately 14 years of firm term remaining with 1 (2-year) and 42 (1-year) options to extend, demonstrating their long-term commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Walgreens proudly serves 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S., Puerto Rico, and leading Omni-Channel Platforms. Walgreens currently subleases the property to Skechers Footwear (details of sublease are unknown).

FOR SALE DETAILS

PRICE

$2,325,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

8.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens ZCF Leasehold

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C1

APN/PARCEL ID

399-085-21

ASK ABOUT THIS PROPERTY

John RedfieldSRS Real Estate PartnersMore Info
949-547-2213

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John RedfieldSRS Real Estate PartnersMore Info
949-547-2213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.