Walgreens NNN Property For Sale — Oceanside, CA
4181 Oceanside Blvd, Oceanside, CA 92056
This Walgreens property offers an exceptional investment opportunity with approximately 18 years remaining on a triple-net lease. The tenant, Walgreens, holds an investment-grade BBB rating from Standard & Poor's. Strategically located as a pad site within a 122,500 square foot grocery-anchored center, the property benefits from the presence of other national retailers. Its proximity to Ocean Hills Country Club, a large active senior retirement community, provides a strong demographic base, with 43% of the population within a one-mile radius being over 45 years old. Additionally, the location is approximately three miles from two major medical centers (Tri-City Medical Center and Scripps Coastal Medical Center), ensuring a consistent customer base for pharmacy services. The property boast…
- Address: 4181 Oceanside Blvd, Oceanside, CA 92056
- Asking price $7.40M
- 5.00% cap rate
- NOI $370,000
- 18 years remaining
- NNN lease
- Year built: 2007
- Building size: 14,380 SF
- Lot size: 1.64 acres
- Guarantor: Corporate
Location
This Walgreens property is at 4181 Oceanside Blvd in Oceanside, California.
Asset type: Retail - Free Standing