828 Newville Rd Orland, CA

Listing agency Marcus & Millichap p***@marcusmillichap.com Show Phone

Listed by Sheila Alimadadian · License #01797033

Source Moodyscre

Added: Dec 6, 2023 Updated: Jul 6 at 9:58AM Checked: Jul 21 at 6:24AM

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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

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Similar Off Market Nearby

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

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.