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This Retail Property is no longer advertised on LoopNet.com.

2840 W Avenue L
Lancaster, CA 93536

Walgreens · Retail Property For Sale

Drug Stores California Lancaster 2840 W Avenue L, Lancaster, CA 93536

Investment Highlights

  • Corporate Net Lease with minimal landlord responsibilities and rare increases in the option periods
  • “Essential Service” tenant that remains open and operating during the Coronavirus Pandemic
  • Original lease was due to expire in 2021. Walgreens negotiated rent reduction and five year extension to a ‘right-sized’ rent level showing commitment
  • The average household income within a 1-mile radius is over $95k

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,310 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.40 AC
Zoning
LRCPD
Parking
75 Spaces (5.63 Spaces per 1,000 SF Leased)
Frontage
220 FT on W Avenue L

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3109-033-001
  • 3109-033-002
 Improvements Assessment $2,674,244
Land Assessment $1,782,828 Total Assessment $4,457,072

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3109-033-001
  • 3109-033-002
Land Assessment
$1,782,828
Improvements Assessment
$2,674,244
Total Assessment
$4,457,072
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  • Listing ID: 20682969

  • Date on Market: 8/19/2020

  • Last Updated:

  • Address: 2840 W Avenue L, Lancaster, CA 93536

More public record information on 2840 W Avenue L, Lancaster, CA 93536

The Retail Property at 2840 W Avenue L, Lancaster, CA 93536 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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