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Walgreens | Big Bear Lake, CA 42107 Big Bear Blvd 12,581 SF Retail Building Big Bear Lake, CA 92315 $7,721,271 CAD ($613.72 CAD/SF) 5.65% Cap Rate
Investment Highlights
- Trophy Big Bear Lake Location: Located at the signalized intersection of Big Bear Boulevard (29,441 CPD)
- Irreplaceable Destination Real Estate: Located less than 1 mile from Big Bear Lake, Snow Summit Ski Resort, and Bear Mountain Ski Resort
- Established, Proven Location: Walgreens has successfully operated at this location for over 20 years with 5 years remaining and multiple options
- Limited Competition/High Barriers to Entry for National Credit Retailers: Extremely rigorous entitlement process
- Top Performing Location: Walgreens store sales consistently rank at the top of the chain (lease inquire with the broker for more information)
- Upgraded, Unique Mountain-Themed Construction; Pride of Ownership Asset
Executive Summary
Property Facts
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Walgreens began in 1901 on Chicago's South Side, when pharmacist Charles R. Walgreen Sr. opened a neighborhood drugstore that grew into a national chain. Walgreens later combined with Alliance Boots to form Walgreens Boots Alliance, bringing together retail pharmacy, pharmaceutical wholesaling, and healthcare services under one business. Walgreens Boots Alliance operates an integrated healthcare, pharmacy, and retail model spanning U.S. and international operations, with businesses centered on prescription filling, consumer health products, beauty items, and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 2328-201-04 | Improvements Assessment | $6,236,696 CAD |
| Land Assessment | $2,610,694 CAD | Total Assessment | $8,847,390 CAD |
Property Taxes
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Walgreens | Big Bear Lake, CA | 42107 Big Bear Blvd
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