Listing banner image
  • Asking Price
    $7,980,000Asking Price
  • Property Type
    RetailProperty Type
  • Zoning
    SP-18Zoning
  • Acres
    ~2.04 acAcres
  • Parking Ratio
    6.0Parking Ratio
  • Built
    2001Built

Description

Introducing a premier single-tenant, net-leased Walgreens investment located at 1086 West Arrow Highway in San Dimas, California. Offered at $7,980,000, this freestanding retail asset encompasses 15,160 square feet on a 2.04-acre parcel and produces a net operating income of $470,184, reflecting a 5.89% cap rate and $526.39 per square foot. Backed by a corporate-guaranteed triple-net lease with 37 years of term remaining, the property delivers long-term, inflation-hedged cash flow and virtually expense-free ownership.

Constructed in 2001 and 100% occupied, the building features 91 dedicated parking stalls (6.0 per 1,000 square feet), prominent pylon and façade signage, and exceptional frontage on Arrow Highway, which carries over 54,000 vehicles per day. Zoned SP-18 to support continued retail use, all landlord responsibilities are assumed by the tenant, offering a truly passive investment profile.

Strategically positioned at a signalized intersection just off Interstate 210 in the Eastern San Gabriel Valley submarket, this Walgreens benefits from seamless connectivity to Los Angeles and the Inland Empire. The surrounding trade area boasts a strong daytime population, household incomes above the national average, and consistent demand for essential retail services. This offering represents a rare opportunity to acquire a proven, blue-chip net-lease asset in a high-barrier-to-entry market.

Offering Summary

  • Asking Price
    $7,980,000
  • Price PSF
    $526.39
  • Price/Acre
    $3,911,764.71
  • Property Type
    Retail
  • Built
    2001
  • Total Acres
    ~2.04 ac

Sale Details

  • Walt
    37 Years
  • Cap Rate
    5.89%
  • NOI
    $470,184
  • In-Place Cap Rate
    5.89%
  • In-Place NOI
    $470,184
  • T12 Cap Rate
    5.89%
  • T12 NOI
    $470,184
  • In-Place Rents
    470,184

Documents

Property Address

1086 West Arrow Highway
San Dimas, CA 91773

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2001
  • Parking Ratio
    6.0
  • Lease Type
    NNN
  • Zoning
    SP-18
  • APN
    8383-020-069
  • Gross Leasable Area
    15,160 SF

Deal Team

Steve Liu profile image

Steve Liu

Executive Vice President
NAI Capital
CA RE Lic. #01323150