5176 Whittier Blvd | Los Angeles, CA 90022
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- LoopNet Team
5176 Whittier Blvd
Los Angeles, CA 90022
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Corporate Guaranteed Lease: CVS Has Just Under 15 Years Remaining on the Primary Term With Eight (8) Five (5) Year Options to Extend
- Triple Net Lease: There Are Minimal Landlord Responsibilities, With the Tenant Responsible For CAM, Taxes and Insurance
- Investment Grade Tenant: (S&P: BBB), CVS Pharmacy Ranks #4 on the Fortune 500 List
- There Are Rare 10% Rental Increases at the Beginning of Each Option Period, and No Rent Holiday
- CVS Pharmacy is the Largest Drugstore Chain in the United States With More Than 9,900 Stores Across 49 States, the District of Columbia & Puerto Rico
- Strong Demographics: A Population of 244,040 Within 3-Miles of the Site
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
13,530 sq ft
Costar Property Class
C
Year Built/Renovated
1928/2012
Tenancy
Single
Number of Floors
1
Plot ratio
0.32
Total Plot Size
0.98 ac
Use Class
LCM1-C3
Parking
47 Spaces (3.47 Spaces per 1,000 sq ft Leased)
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 5245-001-022 | Improvements Assessment | £680,647 |
| Land Assessment | £1,860,754 | Total Assessment | £2,541,400 |
PROPERTY TAXES
Parcel Number
5245-001-022
Land Assessment
£1,860,754
Improvements Assessment
£680,647
Total Assessment
£2,541,400
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