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19231 Victory Blvd
Reseda, CA 91335
5.75% CAP Rate - Walgreens & Yogurtland · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
B
Year Built
1962
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.21
Lot Size
1.43 AC
Zoning
LAC2
Parking
20 Spaces (1.54 Spaces per 1,000 SF Leased)
Frontage
364’ on Tampa Ave

AMENITIES

  • Signalized Intersection
  • Drive Thru

ABOUT 19231 VICTORY BLVD , RESEDA, CA 91335

As of August 31, 2016, they had over 13,700 retail stores in operation under the Walgreens and Duane Reade brands in the United States, 7 specialty pharmacy locations, and managed approximately 400 healthcare clinics. The Boots segment operated 4,673 stores under the No. 7, Boots Pharmaceutical, Botanics, Liz Earle, Soap & Glory, and only at Boots brand names in the United Kingdom, Mexico, Chile, Thailand, Norway, the Republic of Ireland, the Netherlands, and Lithuania, and 683 optical practices in the US. Walgreens Boots Alliance was founded in 1901 and is based in Deerfield, Illinois. In October 2018, Walgreens Boots Alliance published its fourth quarter earnings report. Fiscal year 2018 sales were $131.5 billion, up 11.3% from fiscal 2017, and GAAP net earnings increased to $5.0 billion. On June 26, 2018, Walgreens Boots Alliance replaced General Electric on the Dow Jones Industrial Index. Yogurtland is an American international franchise chain of frozen yogurt restaurants headquartered in Irvine, California. Yogurtland provides self-serve soft serve frozen yogurt with active cultures. Yogurtland has stores in twenty states in the United States and also several other countries. Yogurtland has over 330 stores in 20 states in the United States as well as internationally in Guam, Australia, Singapore, Venezuela, UAE, and Thailand. Total sales revenue is north of $130,000,000. The yogurt chain is popular partly due to its self-serve format, and because it is relatively inexpensive compared to other yogurt businesses. The company was founded in 2006.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2128-031-155
Land Assessment
$5,434,799
Improvements Assessment
$8,767,025
Total Assessment
$14,201,824
  • Listing ID: 15278237

  • Date on Market: 2019-02-25

  • Last Updated:

  • Address: 19231 Victory Blvd, Reseda, CA 91335

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