Walgreens Absolute NNN
For Sale
$2,755,941
101 Drummond Avenue, Ridgecrest, CA 93555
14,516-square-foot property leased under an absolute NNN structure with limited landlord involvement.
Property Size14,516 SF
Price / SF$189.86
Days on Market91
Property Features for 101 Drummond Avenue
General Information
Standard status
Active
Size
14,516 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - El Segundo
(310) 303-9870
Listed By:
Tony Anderson · License #01936642
(310) 303-9870
Source:
Cbre
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 30 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - El Segundo
Investment Insights
Based on property information with market context.
The property comprises 14,516 square feet at 101 Drummond Avenue in Ridgecrest, California. It is leased to Walgreens under an absolute triple-net structure, with more than five years remaining on the current lease term.
The lease assigns property taxes, insurance, maintenance, repairs, roof, and structural obligations to the tenant. This allocation substantially limits the landlord’s ongoing property-management responsibilities and provides a clearly defined ownership structure for the remaining lease period.
The lease assigns property taxes, insurance, maintenance, repairs, roof, and structural obligations to the tenant. This allocation substantially limits the landlord’s ongoing property-management responsibilities and provides a clearly defined ownership structure for the remaining lease period.
Key Highlights
- 14,516‑square‑foot Walgreens property
- Absolute triple‑net lease structure
- More than 5 years remaining on the lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Explore this area
Business Placement
Demographics for 93555, CA
32,810
Population
14,401
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
78.1 sq mi
ZIP Area
420
Density / Sq Mi
$84,141
Median Household Income
$50,198
Median Earnings
$1,180
Median Rent
$235,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - 14,516-square-foot property leased under an absolute NNN structure with limited landlord involvement.
Where is this nnn property located?
The property is located at 101 Drummond Avenue Ridgecrest, CA.
What is the asking price?
The asking price for this property is $2,755,941.
What are key features of this property?
This property features: 14,516‑square‑foot Walgreens property; Absolute triple‑net lease structure; More than 5 years remaining on the lease
