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31156908
31156909

934 N Hacienda Blvd, La Puente, CA 91744

MN
CA CA 01990970
CBRE - Downtown Los Angeles
JC
CA 01705079
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles
$7,490,000
77 days on market
Updated 77 days ago

Walgreens - Los Angeles County

Details
APN 8251008063
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 14,100
Cap Rate 5.22%
NOI $390,858
Occupancy 100%
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Expiration 05/01/2038
Remaining Term 11.9
Price per SqFt $531
Broker Co-Op Yes
Buildings 1
Lot Size (SqFt) 64,431
Investment Type Net Lease
Sale Condition 1031 exchange

Retail | 5.22% CAP | 14,100 SqFt

Marketing description

Single-tenant Walgreens pharmacy located at 934 N Hacienda Blvd in La Puente, California, positioned on the signalized corner of Hacienda Boulevard and Amar Road within Los Angeles County. The property consists of a 14,100 SF retail building constructed in 2001, situated on 1.48 acres (64,431 SF) across two parcels. Approximately 12.5 years remain on the lease with 5% rent increases every five years beginning in 2028.

The asset benefits from strong surrounding demographics and residential density with 29,175 residents and 7,487 households within a 1-mile radius, expanding to 191,861 residents within 3 miles and 458,636 residents within 5 miles. Average household income exceeds $116,195 within 1 mile and $123,549 within 3 miles, supporting consistent demand for necessity-based retail such as pharmacy and convenience services. The area also supports a strong daytime population driven by 576 businesses and 5,142 employees within a 1-mile radius, reinforcing steady daily traffic along the Hacienda Boulevard commercial corridor.

Listing Contacts

MN
CA CA 01990970
CBRE - Downtown Los Angeles
JC
CA 01705079
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$390,858.00
$32,571.50/mo

Valuation Metrics

0
DSCR
5.22%
Cap Rate
5.22%
ROI

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Additional Information

Name
Manny Nunez
License
CA 01990970
Brokerage
CBRE
Brokerage Phone
3105502602
Title
Investment Sales Broker
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