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Buena Park, CA - Walgreens

$9,500,000

7878 Crescent Avenue, Buena Park, CA 90620

Active
Last Updated: 07/22/2025

5.58

Cap Rate

530,000

NOI

Details:
Cap Rate:    5.58%
NOI:    $530,000
Building Size:    13,650 sqft
Lot Area:    1.44 acres
Year Built:    2004
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)

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