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$8,823,530
287 Days On Site

3320 Chino Hills
Chino Hills, CA 91709

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
14,833
SqFt
$595
/SqFt
2009
Built
County:
San Bernardino
Listed by DANIEL CORCORAN of Corcoran Group of California Inc. [email protected]

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714-883-2943
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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.

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Listing Snapshot
Price 
$8,823,530
Days On Site 
287 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,833 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.5769 Acres
Year Built 
2009
MLS® Number 
EV24048793
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
6 months agoPrice changed to $8,823,530
6 months agoListing updated with changes from the MLS®
9 months agoListing first seen on site
General Features
Acres 
1.5769
Number Of Stories 
1
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
14833
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Level
Community Features
Financing Terms Available 
1031 Exchange
MLS Area 
682 - Chino Hills


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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