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Lynn Munger Perry
FOR SALE
$9,250,000

3320 Chino Hills
Chino Hills, CA 91709

Retail, Business Opportunities
Commercial
14,833
Sq. Ft.
1.5769
Acre Lot
Listing Agent: DANIEL CORCORAN - Corcoran Group of California Inc., dmcor@cgroupca.com; dmcor@msn.com
Home> California> Chino Hills> 91709
PRICE REDUCED $750,000! Corcoran Group of California, Inc., Dan Corcoran is pleased to offer this exclusively listed Walgreens located at 3320 Chino HIlls Parkway, Chino Hills, CA 91709. This fee simple property presents an absolute net lease, ensuring zero landlord responsibilities, backed by a full investment-grade Walgreens guaranty, offering investors a hassle-free, passive income stream. With a preferred five-year option structure, this location presents robust sales volumes and stability The building is approximately 14,833 square feet on a 1.58 acre lot. There is an assumable (1/4 point assumption fee) $5,175,000 loan at 3.29% with monthly payments of $22,896.07 balloning in approximately nine years. The after payment cash flow (cash-on-cash) is $20,854 per month. Tenant maintains the property and pays all operating expenses directly. Property is strategically located on Chino Hills Pkwy with great exposure and visibility. It is on a signalized intersection adjacent to a large senior living complex and surrounded by affulent homes.
EV24048793
Commercial - Retail, Business Opportunities, 1 Story
2009
San Bernardino
1.5769 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: DANIEL CORCORAN - Corcoran Group of California Inc., dmcor@cgroupca.com; dmcor@msn.com
Licensed in: DRE# 00451125
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