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13390 Poway Rd
Poway, CA 92064

Walgreens - 15% Rental Increases Every 5 Year · Retail Property For Sale

Investment Highlights

  • 15% Rental Increases Every 5 Years (Primary Term & Option Periods)
  • Prime Signalized Corner Lot (1.16 Acres) in Major Retail Trade Area with Combined 54,000+ VPD
  • Corporate Guaranty from Walgreens (Investment Grade Credit - S&P Rated BBB-)
  • Affluent Community with Average Household Income of $175,000 within 3-Mile Radius
  • Ground Lease with Zero Landlord Responsibilities
  • 11+ Years Remaining on the Primary Term with Eight, 5 Year Option Periods

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,412 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.16 AC
Zoning
C-6
Parking
47 Spaces (3.92 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Drive Thru
  • Car Charging Station

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 317-101-17
  • 317-101-16
Land Assessment
$4,228,719
Improvements Assessment
$3,588,270
Total Assessment
$7,816,989
  • Listing ID: 31153442

  • Date on Market: 3/7/2024

  • Last Updated:

  • Address: 13390 Poway Rd, Poway, CA 92064

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