Walgreens- Buena Park (Orange County, CA)
SINGLE TENANT ABSOLUTE NNN Investment Opportunity
Marketing description
High Barriers to Entry
Desirable asset in the highly competitive and saturated Southern California retail market
This offering represents a rare opportunity to acquire real estate within a dense, infill trade area with high barriers to new development
Robust Demographics | Affluent Trade Area & High-Traffic Location with Strong Retail Synergy
Positioned across Crescent Avenue from Knott’s Berry Farm, a 57-acre amusement park with over 5 million visitors annually
½ mile south of Buena Park Downtown Shopping Mall, a top-ranking destination Power Center with 1.4 million square feet of retail space and an estimated 7.7M visits in the past 12-months (Placer.ai) 6 miles northwest of Disneyland Park and Resort, ranked the #2 theme park worldwide with 17.25 million visitors in 2023
Investment highlights
Corporate Tenant with Proven Sales Performance
Long-Term Absolute NNN Lease with Walgreens Corporate Guaranty
(S&P rated BB-)
Ranks in the top 25th percentile nationwide for visits (Placer.ai)
LabCorp Location - convenient lab and bloodwork testing on-site at this select location
Excellent Visibility & Accessibility
Subject property located in a highly trafficked retail corridor at the signalized, hard-corner intersection of Beach Boulevard and Crescent Avenue
Huge traffic count with over 80,500 vehicles per day at the intersection of Beach and Crescent
Major Hospital & Education Center Proximity
Located 1 mile north of West Anaheim Medical Center, a 219-bed, acute-care hospital serving Orange County and greater Los Angeles County since 1964
1.3 miles north of Western High School (~1,700 students)
2 miles west of Savanna High School (~1,700 students)
2.5 miles east of John F. Kennedy High School (~2,100 students)
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