CVS Pharmacy Absolute NNN
7101 Atlantic Ave, Bell, CA 90201
For Sale
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The single-tenant pharmacy has an absolute NNN lease in place through November 2031.
Property SizeContact for details
Days on Market53
Property Features for 7101 Atlantic Ave
General Information
Standard status
Property subtype
Site & Location
Corner Location
Traffic Count
Highway Access
Building Details
Tenancy
Listing Agency:
Pegasus Investments
Listed By:
Tony Veiller · License CA #01995952
(310) 691-1350
Source:
Crexi
Added: Sep 22
Changed: Nov 12
Last Checked: Nov 12 at 8:19AM
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 Pegasus Investments
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Investment Insights
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This single-tenant CVS pharmacy in Bell has operated at the site for more than 50 years. The absolute NNN lease was extended for five years through November 2031 and includes two additional five-year renewal options, each with a 10% rent increase. CVS Health provides the corporate guaranty, rated BBB by S&P and Baa3 by Moody’s.
At the Atlantic Avenue and street-corner location, the property is exposed to approximately 70,000 vehicles per day. It is the only national pharmacy within a one-mile radius, serving a stated trade area of more than 55,000 residents. The surrounding area has a population density exceeding 17,000 residents per square mile.
At the Atlantic Avenue and street-corner location, the property is exposed to approximately 70,000 vehicles per day. It is the only national pharmacy within a one-mile radius, serving a stated trade area of more than 55,000 residents. The surrounding area has a population density exceeding 17,000 residents per square mile.
Key Highlights
- Absolute NNN lease runs through November 2031
- Two five‑year renewal options include 10% rent increases
- CVS Health corporate guaranty rated BBB by S&P and Baa3 by Moody’s
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
70,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,503
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90201, CA
95,810
Population
24,989
Households
3.8
Avg Household Size
32
Median Age
7%
College-Educated
55%
High-School Grad
6.0 sq mi
ZIP Area
15,968
Density / Sq Mi
$56,824
Median Household Income
$30,264
Median Earnings
$1,623
Median Rent
$542,800
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Sprouts Farmers Market — 7925 Atlantic Ave, Cudahy, CA 90201
- Farmacia El Rey — 7705 Atlantic Ave Suite E, Cudahy, CA 90201
- Simon Ahn, MD kaiser — 7825 Atlantic Ave, Cudahy, CA 90201
- Kaiser Permanente Pharmacy — 7825 Atlantic Ave, Cudahy, CA 90201
- Immunocal Immunotec Associate — 7811 wilcox ave #5, cudahy, ca 90201
Frequently Asked Questions
What type of property is this?
Drug store - The single-tenant pharmacy has an absolute NNN lease in place through November 2031.
Where is this drug store located?
The property is located at 7101 Atlantic Ave Bell, CA.
What is the asking price?
The asking price for this property is $9,273,000.
What are key features of this property?
This property features: Absolute NNN lease runs through November 2031; Two five‑year renewal options include 10% rent increases; CVS Health corporate guaranty rated BBB by S&P and Baa3 by Moody’s
