Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freestanding Walgreens Drive-Thru NNN Title is generated by Realmo AI

    1086 West Arrow Highway, San Dimas, CA 91773

    View on Map
    Claim this Listing
    New
    For Sale
    $7,980,000

    Absolute NNN Walgreens with drive-thru offers long remaining term and zero landlord responsibility for passive investors.

    Type:Retail
    Property size:
    15,160 SF
    Lot size:
    2.04 Acres
    Price / SF:
    $526/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 2 at 5:20 am

    Property Features for 1086 West Arrow Highway

    General Information

    Standard status
    Active
    Size
    15,160 SF
    Lot size
    2.04 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2001

    We can help!

    Listing Contact
    Steve Liu
    Steve Liu

    Listing agent Steve Liu License #CalDRE #01323150

    Listing office NAI Capital - Orange County

    Listing date Jun 2, 2026

    Source Www2.naicapital

    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 NAI Capital - Orange County

    HighLights

    • Walgreens absolute NNN single‑tenant investment with 37 years remaining on the lease
    • Lease includes termination rights every 5 years
    • Freestanding building totaling 15,160 SF on a 2.04‑acre lot
    • On‑site drive‑thru pharmacy; Walgreens has operated at this location since 1996 (nearly 30 years)
    • Drive‑thru pharmacy at a signalized intersection with over 54,000 CPD
    • Easy access to I‑57 and I‑10 & I‑210 freeways

    Overview

    This offering presents a freestanding, single-tenant Walgreens property structured as an absolute NNN investment with zero landlord responsibility. The building is approximately 15,160 SF on a 2.04-acre site and includes an operational drive-thru pharmacy. Walgreens has maintained a long-term presence at the location since 1996, creating stability anchored by a national operator.

    Located at 1086 West Arrow Highway in San Dimas, the site benefits from high visibility at a signalized intersection. The property is described as having traffic counts over 54,000 CPD and convenient access to the 57, 10, and 210 freeways, supporting its role as a retail convenience destination within the broader corridor.

    The current lease is reported to have 37 years remaining, with termination rights every five years. The lease features a corporate guarantor (NASDAQ: WBA), which may appeal to investors seeking a passive, triple-net structure with a durable credit profile and a drive-thru pharmacy component suited to ongoing consumer traffic patterns.
    Location Intelligence

    Current Use by Public Records

    Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service ATM Walgreens Store ... Bank Or Atm Walgreens Pharmacy

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • San Dimas Pharmacy — 1330 W Covina Blvd # 100, San Dimas, CA 91773
    • Stephen S. Lau, PharmD — 1330 W Covina Blvd, San Dimas, CA 91773
    • Miracle Glide & More — 1245 W Cienega Ave #44, San Dimas, CA 91773
    • Shih Ping Chen — 1330 W Covina Blvd # 100, San Dimas, CA 917733200
    • CVS Pharmacy — 888 W Arrow Hwy, San Dimas, CA 91773

    Location Insight

    • Map
    • Local Demand
    City
    San Dimas
    County
    Los Angeles
    State
    California
    Longitude
    -117.8284231
    Latitude
    34.1059853

    Nearby Similar for Sale

    • $1,049,999
      2,437 SF

      San Dimas Commercial Building For Sale

      Prime commercial building in downtown San Dimas with flexible layout.
      115 E Bonita, San Dimas, CA 91773
      View Details
    • $695,000

      San Dimas Land/Lot Opportunity

      Land/Lot in San Dimas, CA. Buyer to verify all information.
      402 E DE ANZA HEIGHT DR, San Dimas, CA 91773
      View Details
    • $2.00
      250,000 SF

      San Dimas Retail Spaces Available

      Retail spaces available in San Dimas Station shopping center.
      515-677 West Arrow Highway, San Dimas, CA 91773
      View Details
    • $1,049,999
      2,437 SF

      San Dimas Commercial Building For Sale

      Prime downtown building with flexible layout and existing dental improvements.
      115 E Bonita, San Dimas, CA 91773
      View Details
    • $4,240,000
      7,437 SF

      San Dimas Olive Garden Restaurant

      Single-tenant, net-leased Olive Garden in a high-traffic retail center.
      582 N Lone Hill Ave, San Dimas, CA 91773
      View Details
    • $125,000

      Established Restaurant Opportunity in San Dimas

      Family-owned Mexican restaurant with beer and wine license for sale.
      1144 Via Verde, San Dimas, CA 91773
      View Details
    • $1,249,000
      3,336 SF

      Move-in Ready Office Space

      Professional office space with recent upgrades and freeway access.
      667 Cliffside Dr, San Dimas, CA 91773
      View Details
    • $3,250,000
      12,467 SF

      San Dimas Office Building For Sale

      Office building in San Dimas with convenient access to freeways.
      170 E Arrow Hwy, San Dimas, CA 91773
      View Details
    • Contact for pricing
      168,745 SF

      San Dimas Industrial Building

      168,745 SF industrial building on 8.3 acres.
      300 East Arrow Highway, San Dimas, CA, 91773
      View Details
    • Contact for pricing
      98,505 SF

      San Dimas Single-Tenant Office Asset

      NNN leased office building with creditworthy tenant in San Dimas.
      924 Overland Ct, San Dimas, CA 91773
      View Details
    • $1.80
      88,205 SF

      San Dimas Retail Spaces Available

      Retail and restaurant spaces for sale in San Dimas.
      602 West Arrow Highway, San Dimas, CA 91773
      View Details
    • Contact for pricing
      13,417 SF

      Industrial/Office Suites with Freeway Access

      Industrial/office suites with excellent freeway access and professional environment.
      300 E Walnut, San Dimas, CA 91773
      View Details

    FAQs

    What type of property is this?
    Drug store - Absolute NNN Walgreens with drive-thru offers long remaining term and zero landlord responsibility for passive investors.
    Where is this drug store located?
    The property is located at 1086 West Arrow Highway San Dimas, CA.
    What is the asking price?
    The asking price for this property is $7,980,000.
    What are key features of this property?
    This property features: Walgreens absolute NNN single‑tenant investment with 37 years remaining on the lease; Lease includes termination rights every 5 years; Freestanding building totaling 15,160 SF on a 2.04‑acre lot
    (714) 349-3547
    We can help!
    Listing Contact
    Steve Liu
    Steve Liu
    Real Estate License ID: CalDRE #01323150
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1086 West Arrow Highway, San Dimas, CA 91773
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!