Walgreens - Montebello, CA
1501 W Whittier Blvd, Montebello, CA
$6,800,000 For Sale
Montebello, CA $6,800,000
- Status For Sale
- Term 3.2 Years
- Lease Type NNN
- Cap Rate 6.43%
- Building Size 14775 SQ. FT
- Options Ten, 5-Year
HIGHLIGHTS
• STRONG STORE SALES – High-performing Walgreens location with strong reported store sales; inquire with broker for details.
• IRREPLACEABLE LOS ANGELES COUNTY REAL ESTATE / MONTEBELLO INFILL – Prime signalized corner location on Whittier Blvd in a dense, infill Los Angeles County submarket that supports long-term real estate value and residual land worth.
• DENSE, AFFLUENT DEMOGRAPHICS – Exceptional consumer base with 604,900+ residents within 5 miles and $102,850+ average household income within 3 miles.
• HIGH-TRAFFIC HARD CORNER / EXCELLENT VISIBILITY – Positioned at a signalized hard-corner intersection with 37,300+ combined VPD, offering outstanding visibility, access, and daily consumer exposure.
• DOMINANT RETAIL CORRIDOR / NATIONAL RETAIL SYNERGY – Surrounded by major national retailers including Target, Home Depot, 7-Eleven, McDonald’s, O’Reilly Auto Parts, AutoZone, and more, creating exceptional consumer draw and daily traffic.
• CLOSE PROXIMITY TO CITADEL OUTLETS – Located near one of the region’s premier outlet destinations featuring major brands including Nike, Adidas, Coach, Michael Kors, Polo Ralph Lauren, Hugo Boss, and many others.
• PROVEN 22+ YEAR OPERATING HISTORY – Long-standing Walgreens location that has successfully operated at this site for more than two decades, underscoring the strength of the underlying real estate.
• ABSOLUTE NNN / PASSIVE INVESTMENT OPPORTUNITY – Tenant is responsible for property expenses and ongoing maintenance, creating a hands-off ownership profile with long-term net-leased cash flow.
Edgar Olvera
