Walgreens

6144 Dewey Drive, Citrus Heights, CA
Deal Type:
Net Lease
Price:
$8,033,333
Cap Rate:
5.85%
Current Rent:
$469,950
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof + Structure
Lease Expiration Date:
Approx. 9.8 years
Renewal Options:
6x5 Year Options
Building Sq. Ft.:
15,616 SF
Site Size:
1.89 AC
  • walgreens citrus heights stream capital partners
  • walgreens citrus heights stream capital partners
  • walgreens citrus heights stream capital partners
  • walgreens citrus heights stream capital partners

Investment Highlights

  • Strong Performing Store – reported sales at $3.56M
  • Recent five-year lease extension
  • Hard Corner Location – over 106,000 VPD
  • 24-hour store with liquor
  • Strong Demographics – over 400,000 residents in a 5-mile radius, and over 10% population growth
  • Thirteen miles from Sacramento

Listing Agents

Breanna Rusk

Vice President
714 722 4110
Breanna@stream-cp.com

Patrick Tupa

Associate
847 345 6681
Patrick@stream-cp.com

Broker of Record: Connor Shell, Lic. #01993313

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