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    828 Newville Rd Orland, CA 95963

    For Sale
    $7,500,000

    NNN leased Walgreens with highway access and nearby retailers.

    Property size:
    15,930 SF
    Lot size:
    1.52 Acres

    Property Features for 828 Newville Rd

    General Information

    Size
    15,930 SF
    Lot size
    1.52 Acres

    Source: Marcus & Millichap Agent Sheila Alimadadian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Orland Walgreens Investment Opportunity

    The Walgreens property is located directly off Interstate-5, the main highway connecting Seattle, Washington, to San Diego, California. The location benefits from a daily traffic flow of over 29,000 vehicles. Walgreens has 11 years remaining before options on an absolute net lease, offering zero landlord responsibilities. The property is situated within a one-mile radius of Orland High School, which has an enrollment of more than 730 students, and Mill Street School with 511 students. The strength of the location is evidenced by other national retailers in the surrounding area, including CVS, Dollar General, Subway, Wendy's, McDonald's, Burger King, Dutch Bros, Taco Bell, and AutoZone. The property contains 15,930 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CVS, Walgreens Pharmacy, CVS Pharmacy, COVID-19 Drive-Thru Testing at Walgreens, Lorraine L. Williams, PharmD

    Location Insight

    • Map
    • Local Demand
    City
    Orland
    County
    Glenn
    State
    California
    Longitude
    -122.2004345
    Latitude
    39.7491153

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    FAQs

    What type of property is this?
    Drug store - NNN leased Walgreens with highway access and nearby retailers.
    Where is this drug store located?
    The property is located at 828 Newville Rd Orland, CA.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - Located directly off I-5, the main highway connecting Seattle to San Diego, ensuring high visibility and accessibility.; - Walgreens has 11 years remaining on an absolute net lease (zero landlord responsibilities).; - High traffic location with over 29,000 vehicles passing daily.
    (949) 419-3200
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    Orland, CA 95963
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    828 Newville Rd Orland, CA 95963
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