ALIVE Commercial Real Estate is pleased to offer this single tenant Walgreens for sale in Antelope (Sacramento), CA at a price of $4,548,000 / 6.5% Cap Rate. Walgreens has been successfully operating at this location since 2000 and recently exercised their 2nd, 5-year option at the contractual rental rate of $295,596 per year. The current option expires in February 2031 (6 years remaining) with 6, 5-year options to follow. Walgreens is paying a defendable market rental rate of $1.63 PSF, NNN. This location has strong historical store sales well above the national average for Walgreens (contact Patrick for details). Walgreens is situated on an oversized 2.01-acre parcel and is well-parked with 89 spaces. The property benefits from exposure to approximately 62,000 VPD at the signalized intersection of Antelope Rd. & Walerga Rd. Walgreens is accessible from both thoroughfares and offers convenient ingress and egress. There are a number of national retailers in the immediate area, including: Bel Air, Winco, Petco, 24 Hour Fitness, Les Schwab, AutoZone, McDonald's, Safe Credit Union as well as a newer construction Dutch Bro's immediately adjacent to the subject property. In addition to the strong
retail presence, Walgreens also benefits from a robust residential population of more than 30,000 people within a 1-mile radius.