Overview
The Kase Group is pleased to present this exceptional investment opportunity for a single-tenant Walgreens property, the only national free standing pharmacy within 4 miles. The property is located at 11440 Windemere Pkwy, San Ramon, CA.
The property is fully leased to Walgreens with a corporate guarantee. This Absolute NNN leased property offers a long-term lease with scheduled increases in rent at each option.The property spans 12,868 square feet plus a second-level mezzanine for stock. The property is situated on a 1-acre lot in a prime, high-traffic area of San Ramon, California, with three access points.Neighboring retailers include Safeway, Wells Fargo, Peet's Coffee, Chase Bank, and Stanford Health Care. The location is well-positioned for visibility and access in a community with significant barriers to entry.
Investment Highlights
- Long-term Absolute NNN lease
- Zero landlord obligations
- Prime location: The property is located in a rapidly growing, affluent area, benefiting from high traffic and proximity to national retailers and residential developments, with an average household income in excess of $269,487 within a one-mile radius.
- Corporate lease: Walgreens, a national pharmacy leader, serves as the tenant, providing strong financial backing and long-term lease security.
- Scheduled increases in rent at each option period
- Walgreens San Ramon is the only national freestanding pharmacy within four miles.
- Tremendous neighborhood retail location, convenient to award-winning Dougherty Valley High School and the Diablo Valley College (DVC) Satellite Campus.
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