15480 Main ST new

Hesperia,CA 92345

$ 5872210

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25049490

HOA Y/N No

Year Built 2006

Lot Size 1.195 Acres

Property Sub-Type Retail

Property Description

Prime Investment Opportunity: Secure an investment in this Retail property with Walgreens (NASDAQ: WBA) boasting an Investment Grade Credit Rating of "BBB" by Standard & Poor's.

Lucrative Returns: With 2024 annual revenues surpassing $147 Billion, up over 6% from the previous year, and the tenant operating at this location for 20 years, this property presents a compelling opportunity for investors seeking a stable and high ROI potential.

Added Value: Benefit from the convenience of a drive-thru pharmacy on-site, enhancing the property's appeal and further solidifying its position as a lucrative investment in the competitive retail sector.

Zero landlord responsibility with absolute Triple Net lease.

Lucrative investment opportunity with the tenant responsible for all NNN fees, including property taxes and insurance, ensuring a hassle-free income stream for investors.

With a 75-year lease that began in February 2006, stability and long-term returns are at the core of this enticing offering. The lease has ten separate 5-year termination options with the first termination option on January 31, 2031.

Location

State CA

County San Bernardino

Area Hsp - Hesperia

Interior

Fireplace No

Laundry None

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 0408181010000

Acceptable Financing Cash,Cash to New Loan,1031 Exchange

Listing Terms Cash,Cash to New Loan,1031 Exchange

Special Listing Condition Standard

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