CVS Greater Los Angeles 3-Unit Portfolio
Ontario & Compton (Occupied) | El Monte (Dark)
Marketing description
Marcus & Millichap is pleased to offer for sale, the fee simple interest in a 3-Unit Drugstore Portfolio in Greater Los Angeles.
This three-property Greater Los Angeles CVS portfolio offers a rare concentration of infill drugstore real estate across Compton, El Monte, and Ontario, totaling ±68,860 SF of building area on ±5.96 AC of land, positioned along highly trafficked arterials with immediate access to the region’s major freeway network (including I-10, I-15, SR-60, I-110, I-105, SR-91, and I-710). The locations sit within proven retail corridors with strong national tenant synergy—Target, Home Depot, Walmart, Smart & Final, Burlington, Ross, Marshalls, Best Buy, PetSmart, McDonald’s, Chipotle, O’Reilly, AutoZone, and many more—supported by nearby demand drivers such as airports, hospitals/medical nodes, civic centers, parks, and major employment/logistics infrastructure. Two assets are operating CVS locations, while El Monte is a dark store, offering a prime value-add/redevelopment angle for backfill or repositioning while benefiting from the same infill fundamentals and access/visibility that define this portfolio.
Investment highlights
ONTARIO, CA
• STRATEGIC GREATER LOS ANGELES / INLAND EMPIRE REAL ESTATE – ONTARIO INFILL – Prime infill location in Ontario, California—one of Southern California’s most important logistics and residential growth hubs. Immediate access to major regional corridors (SR-60, I-10, I-15) supports long-term residual value and strong downside protection.
• STRONG, DENSE DEMOGRAPHICS – Robust consumer base with over 334,400 residents within 5 miles and average household income exceeding $117,700 within 1 mile.
• EXCEPTIONAL FREEWAY EXPOSURE / HEAVY TRAFFIC COUNTS – Located just off the Pomona Freeway (SR-60) with 234,200+ VPD, providing constant daily visibility and commuter exposure.
• ESTABLISHED RETAIL CORRIDOR / NATIONAL TENANT SYNERGY – Surrounded by major national retailers and traffic drivers including Lowe’s, The Home Depot, O’Reilly Auto Parts, McDonald’s, Starbucks, Chipotle, 7-Eleven, AutoZone, and many more.
• LOGISTICS & INFRASTRUCTURE HUB – Near major demand drivers including Ontario International Airport, Chino Airport, and the Ontario Convention Center, reinforcing strong daytime population and long-term real estate fundamentals.
• INVESTMENT-GRADE ESSENTIAL RETAIL TENANT (S&P: BBB) – Leased to CVS Health (NYSE: CVS), a leading national pharmacy and daily-needs retailer with strong credit profile and recession-resistant demand.
• HANDS-OFF PASSIVE INVESTMENT – Absolute Triple Net (NNN) lease structure with zero landlord repair/maintenance responsibilities.
COMPTON, CA
• STRATEGIC LOS ANGELES COUNTY REAL ESTATE – COMPTON INFILL – Prime infill location approximately 16 miles south of Downtown Los Angeles, positioned in a dense, built-out trade area with high barriers to entry that supports long-term residual value and downside protection.
• STRONG, DENSE DEMOGRAPHICS – Over 748,100 residents within 5 miles with average household income exceeding $94,900 within 5 miles.
• PROVEN SHOPPING CENTER DRAW + RETAIL SYNERGY – Located within Compton Towne Shopping Center anchored by Smart & Final and across from Renaissance Plaza anchored by Burlington, with strong surrounding national retailers including Target, Home Depot, Walmart, Ross, Marshalls, Best Buy, PetSmart, O’Reilly, AutoZone, McDonald’s, Raising Cane’s, Chipotle, and more.
• HIGH-TRAFFIC CORRIDOR / FREEWAY CONNECTIVITY – Positioned along major arterials with 41,750+ VPD (E Compton Blvd & S Alameda St) and convenient access to I-110, I-105, Hwy 91, and I-710, driving consistent commuter exposure.
• MAJOR DEMAND DRIVERS – Near Cal State Dominguez Hills (~15,000 students) and Compton/Woodley Airport (LA County-owned relief airport for LAX), supporting strong daytime population.
• INVESTMENT-GRADE ESSENTIAL RETAIL TENANT (S&P: BBB) – Leased to CVS Health (NYSE: CVS), a leading national pharmacy and daily-needs retailer with strong credit profile and recession-resistant demand.
• HANDS-OFF PASSIVE INVESTMENT – Absolute Triple Net (NNN) lease structure with zero landlord repair/maintenance responsibilities.
EL MONTE, CA (Dark)
• PRIME VALUE-ADD / REDEVELOPMENT OPPORTUNITY (DARK CVS) – Dark building with remaining lease term and in-place income stream, creating a compelling value-add profile.
• STRATEGIC LOS ANGELES COUNTY REAL ESTATE – EL MONTE INFILL (SAN GABRIEL VALLEY) – Prime infill location within the high-barrier-to-entry San Gabriel Valley. Immediate access to key regional corridors (I-10, I-605, Hwy 60) supports long-term residual value and strong downside protection.
• STRONG, DENSE DEMOGRAPHICS – Over 541,500 residents within 5 miles and average household income exceeding $109,700 within 5 miles.
• HIGH-TRAFFIC RETAIL CORRIDOR / FREEWAY CONNECTIVITY – Positioned along major arterials with 33,250+ VPD (Garvey Ave & Merced Ave) and near Interstate 10 (242,450+ VPD), providing strong visibility, commuter exposure, and excellent regional access throughout the San Gabriel Valley and greater Los Angeles.
• ESTABLISHED RETAIL CORRIDOR / NATIONAL TENANT SYNERGY – Surrounded by major national and regional traffic drivers including Target, Home Depot, PetSmart, Chipotle, Chick-fil-A, McDonald’s, Starbucks, Smart & Final, Marshalls, AutoZone, Denny’s, Del Taco, Jersey Mike’s, Five Below, and more.
• AIRPORT, MEDICAL & COMMUNITY DEMAND DRIVERS – Close proximity to San Gabriel Valley Airport, Greater El Monte Community Hospital, and multiple schools/parks, supporting strong daytime population and consistent neighborhood-serving demand.
• HANDS-OFF PASSIVE STRUCTURE DURING REMAINING TERM – Absolute Triple Net (NNN) lease structure with zero landlord repair/maintenance responsibilities, providing a hands-off ownership profile while executing a backfill/redevelopment strategy.
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