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Walgreens | Hesperia, CA 15480 Main St 14,490 SF Retail Building Hesperia, CA 92345 $5,579,398 CAD ($385.05 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Corporate Lease - $23.10 Rent/SF
- Hard Corner Location - 1.20 Acre Lot
- Retail Corridor Location - Stater Bros, Dutch Bros, Carl's Jr.
- NNN Lease Structure - Zero Landlord Responsibilities
- 151,318 Residents Within 5-Miles - 39,287 Cars Per Day
- 75 Minutes from Los Angeles - 70 Minutes From Anaheim
Executive Summary
Walgreens is the second largest drugstore chain in the United States, with over 8,000 locations across the U.S. including Puerto Rico.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2006
Price
$5,579,398 CAD
Price Per SF
$385.05 CAD
Cap Rate
8.50%
NOI
$474,229 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.20 AC
Parking
40 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 14,490 SF
- -
- Triple Net
- Dec 2030
Walgreens began in Chicago in 1901, after pharmacist Charles R. Walgreen Sr. purchased the drugstore where a pharmacy career began. The company grew from a neighborhood drugstore into a broad retail health business offering prescription services, health and wellness products, photo services, home delivery, specialty pharmacy, and virtual healthcare. Walgreens serves customers through a wide network of community pharmacies and digital platforms, with a focus on accessible medicine, everyday essentials, and healthcare support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 14,490 SF | - | Triple Net | Dec 2030 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0408-181-01 | Improvements Assessment | $5,867,892 CAD |
| Land Assessment | $1,696,740 CAD | Total Assessment | $7,564,632 CAD |
Property Taxes
Parcel Number
0408-181-01
Land Assessment
$1,696,740 CAD
Improvements Assessment
$5,867,892 CAD
Total Assessment
$7,564,632 CAD
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Walgreens | Hesperia, CA | 15480 Main St
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