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Walgreens - Sant Barbara CA MSA 707 N Broadway 14,490 SF Retail Building Santa Maria, CA 93454 $8,017,632 CAD ($553.32 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Corporate Signed Lease | Long Term Occupancy (20+ Years) | Nationally Recognized Brand | Strong Store Sales
- New Major Santa Maria Developments
- Strong Demographics In 5-mile Trade Area
- NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Signalized, Hard Corner Intersection | Excellent Visibility & Access
Executive Summary
• The tenant has successfully occupied the site since 2002 and has 6+ years remaining on the lease
• Store has achieved strong year-over-year sales performance -contact broker for details
• Lease is signed by Walgreen Co.
• Walgreens currently operates nearly 8,700 retail locations across America, Puerto Rico and the U.S. Virgin Islands, and serves nearly 10 million customers each day
• Store has achieved strong year-over-year sales performance -contact broker for details
• Lease is signed by Walgreen Co.
• Walgreens currently operates nearly 8,700 retail locations across America, Puerto Rico and the U.S. Virgin Islands, and serves nearly 10 million customers each day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2001
Price
$8,017,632 CAD
Price Per SF
$553.32 CAD
Cap Rate
6.25%
NOI
$501,102 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.34 AC
Zoning
PD/C-2
Parking
56 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Walgreens Boots Alliance traces its roots to Walgreens, founded in Chicago in 1901, and later grew through the combination with Alliance Boots into a broader healthcare, pharmacy, and retail business. The company describes itself as an integrated healthcare, pharmacy, and retail leader serving millions of customers and patients every day. Its business spans retail pharmacy, prescription services, health and wellness products, and related healthcare offerings, reflecting a focus on community-based care and access to medicines and services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 119-142-013 | Improvements Assessment | $3,561,225 CAD |
| Land Assessment | $1,727,673 CAD | Total Assessment | $5,288,898 CAD |
Property Taxes
Parcel Number
119-142-013
Land Assessment
$1,727,673 CAD
Improvements Assessment
$3,561,225 CAD
Total Assessment
$5,288,898 CAD
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Walgreens - Sant Barbara CA MSA | 707 N Broadway
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