Three CVS Drugstores
For Sale
Contact for pricing
Pending
9920 Garvey Avenue, El Monte, CA 91733
Portfolio of three in-line CVS drugstores with absolute net lease terms and approximately 13 years remaining.
Property Size68,746 SF
Days on Market119
Property Features for 9920 Garvey Avenue
General Information
Standard status
Pending
Size
68,746 SF
Property subtype
Retail
Additional Details
Cap Rate
5%
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Jul 22
Last Checked: Aug 5 at 3:55AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
Pharma Property Group offers investors the opportunity to acquire a portfolio of three in-line CVS drugstores totaling 68,746 square feet across in-fill areas of the greater Los Angeles region. The properties are operated under absolute net lease terms, with no landlord responsibilities, and the income is guaranteed by CVS Corporate. Each lease has approximately 13 years remaining on the initial term, with ten (5-year) options to follow; the next options begin January 2032. Properties may be purchased separately or as a portfolio.
The assets are positioned on highly trafficked, major arterials in their respective cities, with reported daily traffic counts of 39,723 vehicles per day for Compton, 36,035 vehicles per day for El Monte, and 53,869 vehicles per day for Ontario. The remarks also note that freeway traffic in these locations exceeds 220,000 vehicles per day.
The markets are described as densely populated in-fill areas, and the offering cites an average of approximately 1,570,000 residents with an average income of $73,000 within a 5-mile radius across the three locations.
The assets are positioned on highly trafficked, major arterials in their respective cities, with reported daily traffic counts of 39,723 vehicles per day for Compton, 36,035 vehicles per day for El Monte, and 53,869 vehicles per day for Ontario. The remarks also note that freeway traffic in these locations exceeds 220,000 vehicles per day.
The markets are described as densely populated in-fill areas, and the offering cites an average of approximately 1,570,000 residents with an average income of $73,000 within a 5-mile radius across the three locations.
Key Highlights
- Portfolio of three in‑line CVS drugstores totaling 68,746 SF in infill areas of the greater Los Angeles area
- Absolute net lease structure with no landlord responsibilities whatsoever on all three properties
- Approximately 13 years remaining on initial lease terms with ten (5‑year) options; next options begin January 2032
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,690
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91733, CA
41,990
Population
11,172
Households
3.8
Avg Household Size
36
Median Age
11%
College-Educated
56%
High-School Grad
6.7 sq mi
ZIP Area
6,267
Density / Sq Mi
$67,245
Median Household Income
$32,486
Median Earnings
$1,658
Median Rent
$601,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Drug store - Portfolio of three in-line CVS drugstores with absolute net lease terms and approximately 13 years remaining.
Where is this drug store located?
The property is located at 9920 Garvey Avenue El Monte, CA.
What are key features of this property?
This property features: Portfolio of three in‑line CVS drugstores totaling 68,746 SF in infill areas of the greater Los Angeles area; Absolute net lease structure with no landlord responsibilities whatsoever on all three properties; Approximately 13 years remaining on initial lease terms with ten (5‑year) options; next options begin January 2032
