Lease Listings $225,000
PROPERTY OVERVIEW
- Rent. $225Kyr, MG (inclusive of RET; R&M, ins., utilities separate)
- Master Lease Expiration. 7/31/32
- Walgreens Premises. ±13.4K SF (±10,095 SF – 1st floor) + drive-through
- Signage. Building
- Year Built. 2007
- Intersection. Signalized, major retail intersection (~54 VDP)
- Parking. ~35 spaces
- Access. RI/RO on Vineland & Magnolia. Extended FI/FO on Magnolia
- Zoning. C4-1-CA (Enterprise Zone) – USE REGULATIONS
- Prohibited Use. Pharmacy
LOCATION OVERVIEW
- Located in the NoHo Arts District, one of the trendiest areas in the San Fernando Valley.
- Close to Toluca Lake and Valley Village neighborhoods
- High pedestrian counts and population density
- Convenient Central Valley Location:
- 0.25 mi – North Hollywood Metro Line
- 1.5 mi – 101 | 170 | 134 Freeway Junction
- 2.5 mi – Universal Studios Hollywood
- 3.5 mi – Bob Hope Airport
SUBLEASE TERMS
- SUGGESTED RENT* $225,000 / yr, modified gross (inclusive of RET; R&M, insurance, utilities separate)
- TERM 7/31/32 (Co-terminus with master lease)
- DELIVERY “As-Is”
- OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
