Buena Park, CA - Walgreens
$9,500,000
7878 Crescent Avenue, Buena Park, CA 90620
5.58
Cap Rate
530,000
NOI
Details:
Description:
Corporate Tenant with Proven Sales Performance
Long-Term Absolute NNN Lease with Walgreens Corporate Guaranty
(S&P rated BB-)
Ranks in the top 25th percentile nationwide for visits (Placer.ai)
LabCorp Location - convenient lab and bloodwork testing on-site at this select location
Excellent Visibility & Accessibility
Subject property located in a highly trafficked retail corridor at the signalized, hard-corner intersection of Beach Boulevard and Crescent Avenue
Huge traffic count with over 80,500 vehicles per day at the intersection of Beach and Crescent
Robust Demographics | Affluent Trade Area & High-Traffic Location with Strong Retail Synergy
Positioned across Crescent Avenue from Knott’s Berry Farm, a 57-acre amusement park with over 5 million visitors annually
½ mile south of Buena Park Downtown Shopping Mall, a top-ranking destination Power Center with 1.4 million square feet of retail space and an estimated 7.7M visits in the past 12-months (Placer.ai) 6 miles northwest of Disneyland Park and Resort, ranked the #2 theme park worldwide with 17.25 million visitors in 2023
Major Hospital & Education Center Proximity
Located 1 mile north of West Anaheim Medical Center, a 219-bed, acute-care hospital serving Orange County and greater Los Angeles County since 1964
1.3 miles north of Western High School (~1,700 students)
2 miles west of Savanna High School (~1,700 students)
2.5 miles east of John F. Kennedy High School (~2,100 students)
Location

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