13390 Poway Rd | Poway, CA 92064
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13390 Poway Rd
Poway, CA 92064
Walgreens - 15% Rental Increases Every 5 Year · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15% Rental Increases Every 5 Years (Primary Term & Option Periods)
- Prime Signalized Corner Lot (1.16 Acres) in Major Retail Trade Area with Combined 54,000+ VPD
- Corporate Guaranty from Walgreens (Investment Grade Credit - S&P Rated BBB-)
- Affluent Community with Average Household Income of $175,000 within 3-Mile Radius
- Ground Lease with Zero Landlord Responsibilities
- 11+ Years Remaining on the Primary Term with Eight, 5 Year Option Periods
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,412 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.16 AC
Zoning
C-6
Parking
47 Spaces (3.92 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Drive Thru
- Car Charging Station
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,005,244 | |
| Land Assessment | $5,898,599 | Total Assessment | $10,903,844 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,898,599
Improvements Assessment
$5,005,244
Total Assessment
$10,903,844
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