Walgreens 4935 Warner Ave

EXECUTIVE SUMMARY

* Trophy Orange County STNL Investment – Few STNL assets with national credit tenancy come to market in Orange County, making this NNN leased Walgreens a rare and compelling retail investment opportunity. This Walgreens benefits from its strategic location within coastal Huntington Beach, aka Surf City USA, drawing from both the affluent local population and the millions of tourists who visit annually

* National Credit Tenant – Walgreens is one of the largest pharmacy chains in the United States, serving millions of customers daily

* Walgreens Boots Alliance has over 12,700 stores across 8 countries, offering a wide range of prescription drugs, over-the-counter medications, and healthcare services

* Long-Term NNN Lease – Walgreens is on a 60-year lease which commenced in 2011 and has 10+ years of firm remaining lease term

* High-Traffic, Signalized Intersection Location – Located at a signalized intersection (Warner Avenue @ 27,100+ CPD and Bolsa Chica Street @ 17,600+ CPD) within a high-traffic retail corridor, Walgreens benefits from a synergistic and high-quality mix of tenants within close proximity including Ralphs, Trader Joes, Albertsons, Petco, 24 Hour Fitness, Savers, Bank of America, Wells Fargo, Starbucks, Taco Bell, and more, fortifying the value-focused and daily needs draw of the area while proving the viability of this retail location

* Top Tourist Destination – Huntington Beach is a major tourist destination, drawing over 3 million visitors annually who contribute over $400 million into the local economy each year