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Orland Walgreens Investment Opportunity
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828 Newville Rd, Orland, CA

NNN leased Walgreens with highway access and nearby retailers.

Property Size15,930 SF
Lot Size1.52 Acres
Price / SF$470.81
Days on Market1004

Property Features for 828 Newville Rd

General Information

Standard status Active
Size 15,930 SF
Lot size 1.52 Acres
Property subtype RETAIL
Listing Agency: Marcus & Millichap
Listed By: Sheila Alimadadian · License #01266188
Source: Moodyscre
Added: Dec 6, 2023 Changed: Aug 24 Last Checked: Sep 5 at 7:08AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Law Firm Parking Lot & Garage Furniture & Home Goods Garden Center Electrical Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby
139k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 48% Shops & Services 37% Groceries 10% Home Improvements & Furnishings 6%
Starbucks Dining
14,734 visits/mo 0.3 miles
McDonald's Dining
14,287 visits/mo 0.2 miles
Dutch Bros. Coffee Dining
13,439 visits/mo 0.2 miles
Grocery Outlet Bargain Market Groceries
13,265 visits/mo 0.5 miles
AMPM Shops & Services
11,074 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • CVS Pharmacy 869 Newville Rd, Orland, CA 95963, United States
  • CVS 869 Newville Rd, Orland, CA 95963
  • Walgreens Pharmacy 828 Newville Rd, Orland, CA 95963
  • Lorraine L. Williams, PharmD 828 Newville Rd, Orland, CA 95963
  • COVID-19 Drive-Thru Testing at Walgreens 828 Newville Rd, Orland, CA 95963

Frequently Asked Questions

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) 419-3265 Call to check price and availability
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