Property Description
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 (38,400 cars/day) with great exposure and visibility. It is on a signalized intersection adjacent to a large senior living complex and surrounded by affulent homes.
Features
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Address Map
U.S.
California
San Bernardino
Chino Hills
91709
3320 Chino Hills
0
W118° 16' 5.2''
N33° 58' 58.9''
MLS Addon
$0
14,833 Sqft
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: No
5.95
183
Corner Chino Hills Parkway
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1

Commercial Sale For Sale Chino Hills

3320 Chino Hills, Chino Hills, San Bernardino, California, 91709

68,691 Acre
Visits : 2 in 193 days
$8,823,530
Listing ID #EV24048793
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : EV24048793
Price : $8,823,530
Year Built : 2009
Lot Area : 68,691 Acre
Status : Active
Property Sub Type : Retail
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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