43200 State Highway 74 Hemet, CA 92544

This exceptional investment opportunity presents a well-established Walgreens located in Hemet, California. The property features a new 15-year absolute NNN lease with zero landlord obligations, providing significant financial stability and security. The lease is corporately guaranteed by Walgreens, minimizing risk. Rent increases of 5% are built into the lease every five years, ensuring consistent growth in rental income. The lease also includes twelve, five-year renewal options, providing long-term income predictability. This strategically positioned Walgreens boasts a drive-thru and enjoys excellent visibility at a signalized intersection, experiencing traffic from over 15,000 vehicles daily. Its location on a hard corner maximizes exposure. The property benefits from its proximity to Lincoln View Condominiums (166 units) and Abundant Grace Senior Living Retirement Home, ensuring a consistent customer base. Furthermore, its adjacency to Stater Bros. Markets and other popular retailers such as Jack in the Box, Carl's Jr., 7-Eleven, and Dollar Tree, enhances its appeal and strengthens its position within the local market. The building encompasses 14,820 square feet. The property is situated in Riverside County, California, a rapidly growing area. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with substantial long-term potential.