13231 Victory Boulevard | Van Nuys

13231 Victory Boulevard

| Van Nuys

13231 Victory Boulevard | Van Nuys

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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

Offered at

$5,950,000

Mark - Anchor Realty

Mark Campana

415-621-1900

DRE #01120251