Walgreens - Calimesa, CA
Calimesa, CA 92320
- Sale Price
- Building Area
- Price Per SF
- CAP Rate
- Year Built
- Lease Term Remaining
Marcus & Millichap is pleased to present the sale of a single tenant Walgreens positioned within The Shoppes at Calimesa; a recently constructed 45,353 (approximate) square foot anchored neighborhood shopping center located in the Inland Empire community of Calimesa.
- Corporate lease with Walgreen Co.
- Approximately 67 years remaining in the base lease term (with a right to terminate with 12 months’ notice anytime on/after 2034)
- Strong historical sales revenues reported at this Walgreens location
- Walgreens is an investment grade tenant with Standard and Poor’s rating of BBB
- Pride of Ownership asset with high quality construction and landscaping elements
- Captive trade area, with the closest drugstore competition approximately three miles away from the subject property
- Positioned within The Shoppes at Calimesa; a 45,353 (approximate) square foot neighborhood shopping center that features national tenants Dollar Tree, Starbucks, Carl’s Jr., Denny’s, Subway, and Fantastic Sam’s
Price Per SF
Lease Term Remaining
- Item Requires Shipping
- Marcus & Millichap is pleased to present the sale of Walgreens located at 1186 Calimesa Blvd, Calimesa CA 92320
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