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    Walgreens Leased Property For Sale
    Updated: Nov 21, 2025
    Walgreens Leased Property For Sale

    2589 Jensen Ave, Sanger, CA 93657

    $5,460,900
    13,779 sqft
    Long‑term absolute NNN lease with Walgreens, guaranteeing $36,406 net monthly income and no landlord expenses.
    High‑performing Walgreens store, ranked in the 91st percentile nationwide, with a 10% sales increase from 2020 to 2024.
    Located at a major signalized intersection with high traffic count (25,000 VPD) in Sanger, the only Walgreens in town.
    Long lease term remaining, expiring in 2084, demonstrating long‑term tenancy since 2009.
    Features a drive‑thru pharmacy and a 3,000 SF mezzanine with a separate entrance.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2589 Jensen Ave, Sanger, CA 93657

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $191K
      Annual

    • Price @ 7% Cap

      $2.73M
      Suggested

    • Last Sold

      Oct 2023
      $6.83M

    • Property Type

      Retail Stores
      Built 2009
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sanger, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Building with Drive-Through
    Retail Building with Drive-Through

    5785 N 1st St, Fresno, CA 93710

    Contact for pricing
    10,100 sqft

    Retail site at a hard-corner, signalized intersection with significant frontage and multiple ingress/egress options.

    View details
    NNN Leased Drug Store Opportunity
    NNN Leased Drug Store Opportunity

    160 E Antelope Ave, Woodlake, CA

    Contact for pricing
    14,673 sqft 0.96 AC lot

    Long-term NNN lease with scheduled rent increase in Central California.

    View details
    Retail Drugstore Building
    Retail Drugstore Building

    160 E Antelope Ave, Woodlake, CA 93286

    Contact for pricing
    14,673 sqft

    Retail drugstore building totaling 14,673 sq ft offered for sale.

    View details
    CVS Leasehold Pharmacy
    CVS Leasehold Pharmacy

    4987 N Fresno St, Fresno, CA 93726

    Contact for pricing

    CVS leasehold with 11+ years remaining on the initial term and renewal options, operating for over 14 years at this location.

    View details

    Sanger, CA Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Sanger, CA on our real estate platform. These investment opportunities span a total of 13,779 square feet of properties for sale, with an estimated market value of $5,460,900.

    Sale prices for pharmacies in Sanger, CA average $5,460,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Drug stores 2
    Shopping centers 2

    Demographics Overview

    Population 37K
    Population Growth (5Y) +5.2%
    Median Household Income $77,655
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Sanger submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93657 $5.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Property Tax per SF $18.26 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fresno County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Fresno County

    Retail

    Residential Income

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