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Lease Listings $275,000  

PROPERTY OVERVIEW

  • Rent. $275,000/yr, Modified Gross (inclusive of RET; R&M, insurance, utilities separate)
  • Master Lease Expiration. 5/31/34
  • Walgreens Premises. ±14,220 SF (ground floor)
  • Signage. Dedicated monument + building
  • Intersection. Ventura + Woodley (~45K VPD)
  • Parking. 40 spaces (exclusive) + 22 parking passes for the shared parking area
  • Year Built. 2009
  • Zoning. Neighborhood Commercial (C-2) – USE REGULATIONS
  • Prohibited Uses. Pharmacy, photofinishing services, laundry facility, adult entertainment, disco, bowling alley, billiard hall, skating rink, arcade, second-hand or liquidation store, massage or tattoo parlor, automobile establishment, industrial use, assembly hall, church.

LOCATION OVERVIEW

  • Situated in an affluent Los Angeles metropolitan location
  • High Traffic Counts (~41K VPD). I-405 and US-101 are ±1 mile east and north, respectively.
  • High Avg. HH Inc. – $229K w/in 1 mi.

SUBLEASE TERMS*

  • Rent*       $275K/yr, modified gross
  • Term        5/31/34 (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

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