5829 Lakewood Boulevard Lakewood, Lakewood, CA 90712

Long-Term Absolute NNN Lease – Recent Lease Extension

12+ years of term remaining on an absolute NNN lease, with no Landlord maintenance or expense responsibilities

Tenant extended the base term of the Lease in June 2023 adding an additional 10 years to the original term, evidence of Walgreens long-term commitment to this location

Walgreens Corporate Guarantee – Excellent Store Sales

Walgreens (S&P rating of BB-) reported $147 billion in revenue for 2024 and $81 billion in Assets.

High performance location – strong historical Store sales (contact Broker for details)

High-Traffic Location

Located in a highly trafficked retail corridor at the signalized, hard-corner intersection of Lakewood Boulevard and South Street

Combined traffic count at the intersection of Lakewood Blvd and South Street is 58,198 vehicles per day

Strong Demographics | Affluent Trade Area

258,123 residents within a 3-mile radius

Average household income is approximately $128,744 within 1 mile

Strong Retail Synergy

Walgreens is less than ½ mile east of a Walmart Supercenter and a WinCo Foods which ranks in the top 25% of all WinCo locations nationwide in visits according to Placer.ai

Less than 1 mile north of Lakewood Center, a regional shopping mall with over 2 million square feet of retail space, anchored by Costco, Forever 21, JCPenney, Macy’s and Target