Walgreens (Los Angeles County)
Strong Store Sales | Prime Location
Marketing description
Marcus & Millichap is pleased to offer for sale, the fee simple interest in a Walgreens in Montebello, CA.
This single-story ±14,775 SF freestanding Walgreens was built in 2005 on a ±0.83 AC lot with 40+ parking spaces and is located at 1501 W Whittier Blvd in Montebello, California (Los Angeles County). The property is situated on a prime signalized hard corner within a dense infill retail corridor. The property offers exceptional visibility and access at the intersection of Whittier Blvd & Maple Ave, which carries 37,300+ combined VPD. Montebello is a built-out Los Angeles County submarket with strong underlying real estate fundamentals that support long-term residual value and downside protection. Area demographics are outstanding, with 604,900+ residents within a 5-mile radius and average household income of approximately $102,850 within a 3-mile radius. The site is surrounded by major national retailers including Target, Home Depot, 7-Eleven, McDonald’s, O’Reilly Auto Parts, AutoZone, and more, and also benefits from close proximity to the Citadel Outlets, one of the region’s premier outlet destinations.
Investment highlights
• STRONG STORE SALES – High-performing Walgreens location with strong reported store sales; inquire with broker for details.
• IRREPLACEABLE LOS ANGELES COUNTY REAL ESTATE / MONTEBELLO INFILL – Prime signalized corner location on Whittier Blvd in a dense, infill Los Angeles County submarket that supports long-term real estate value and residual land worth.
• DENSE, AFFLUENT DEMOGRAPHICS – Exceptional consumer base with 604,900+ residents within 5 miles and $102,850+ average household income within 3 miles.
• HIGH-TRAFFIC HARD CORNER / EXCELLENT VISIBILITY – Positioned at a signalized hard-corner intersection with 37,300+ combined VPD, offering outstanding visibility, access, and daily consumer exposure.
• DOMINANT RETAIL CORRIDOR / NATIONAL RETAIL SYNERGY – Surrounded by major national retailers including Target, Home Depot, 7-Eleven, McDonald’s, O’Reilly Auto Parts, AutoZone, and more, creating exceptional consumer draw and daily traffic.
• CLOSE PROXIMITY TO CITADEL OUTLETS – Located near one of the region’s premier outlet destinations featuring major brands including Nike, Adidas, Coach, Michael Kors, Polo Ralph Lauren, Hugo Boss, and many others.
• PROVEN 22+ YEAR OPERATING HISTORY – Long-standing Walgreens location that has successfully operated at this site for more than two decades, underscoring the strength of the underlying real estate.
• ABSOLUTE NNN / PASSIVE INVESTMENT OPPORTUNITY – Tenant is responsible for property expenses and ongoing maintenance, creating a hands-off ownership profile with long-term net-leased cash flow.
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