2004
Year Built

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.

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Property Details

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