13231 Victory Boulevard | Van Nuys
13231 Victory Boulevard is a single tenant Walgreens with drive-thru located in Van Nuys, CA, just minutes off Highway 170 along bustling Victory Boulevard. Walgreens has been successfully operating at this location for 20-years on an absolute net lease with no landlord obligations whatsoever. The lease features approximately 62 months of initial term remaining with 5-year options through 2079.
OFFERING HIGHLIGHTS
Property Type Retail
Lease Type NNN – No landlord responsibility
Tenancy Single
Tenant Walgreens
Remaining Term ~62 months plus ten 5-year options
Square Footage 13,412 (per Assessor)
Cap Rate 6.9
Year Built 2004
Lot Size (sq ft) 41,257 SF (per Assessor)
Parking (spaces) ~40