20901 Devonshire St - Freestanding FOR SALE


Chatsworth, CA 91311
$9,538,462 USD
626-204-1531
20901 Devonshire St, Chatsworth, CA for Sale
$9,538,462 USD
Freestanding - FOR SALE
1/13
null | 6.5% Cap Rate

20901 Devonshire St
Chatsworth, CA 91311


HIGHLIGHTS

  • Absolute NNN Lease
  • Heavily Traffic Signalized Corner
  • Prime Retail Corridor(s) Intersection
  • Drive Thru Pharmacy Prototype
  • Institutional Grade Quality Construction
  • Strong Demographics

OVERVIEW

This Walgreens has been in successful operation since 2003 and has expressed their commitment to the location with a Lease until September 2029, with an additional eight (8) five (5) year renewal options. Ideal for an investor (or 1031 exchange buyer) looking for a hands-off investment with no landlord responsibilities.

FOR SALE DETAILS

PRICE

$9,538,462 USD

PRICE/SF

$640 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

51,057 SF

ZONING

C4-1

APN/PARCEL ID

2706-016-040

ASK ABOUT THIS PROPERTY

Guillermo OlaizNAI CapitalMore Info
626-204-1531

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

Guillermo OlaizNAI CapitalMore Info
626-204-1531

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