Lease Listings $175,000
PROPERTY OVERVIEW
- Rent*. $175,000/yr, Modified Gross *(inclusive of RET & CAM; R&M, insurance, utilities separate)
- Master Lease Expiration. 10/31/36
- Walgreens Premises. ±13,659 SF + drive-through
- Parcel ID. 49-233-17-022
- Signage. Shared pylon + building
- Access. FI/FO on Wadsworth & W Jewell via traffic signals
- Upgrades. 2 HVAC replacements in ’23, Reroof in ’20
- Zoning. M-G-U, Lakewood – Map & Permitted Uses
- Prohibited Uses. Pharmacy, dispensary, restaurant, cocktail lounge, non-retail operation, banquet facility, church, sports facility, auto service, pool hall, or educational facility.
LOCATION OVERVIEW
- Prime Location. Highly visible site at the NWQ of W Jewell & S Wadsworth — one of Lakewood’s busiest intersections.
- Strong Surrounding Demographics. Positioned within a dense residential area with nearby shopping centers, schools, and parks, driving consistent local traffic.
- Excellent Accessibility. Easy access from major thoroughfares and public transportation, enhancing customer and employee convenience.
SUBLEASE TERMS*
- SUGGESTED RENT $175,000/yr (inclusive of RET & CAM; R&M, insurance, utilities are subT expenses)
- TERM 10/31/36 (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