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 TypeRetail
- Built2001
- Total Acres~2.04 ac
Sale Details
- Walt37 Years
- Cap Rate5.89%
- NOI$470,184
- In-Place Cap Rate5.89%
- In-Place NOI$470,184
- T12 Cap Rate5.89%
- T12 NOI$470,184
- In-Place Rents470,184
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2001
- Parking Ratio6.0
- Lease TypeNNN
- ZoningSP-18
- APN8383-020-069
- Gross Leasable Area15,160 SF
Deal Team



