3320 Chino Hills, Chino Hills, CA 91709 - Berkshire Hathaway HomeServices California Properties
3320 Chino Hills Chino Hills, CA 91709
$8,823,530 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Property type: Retail (Commercial)
Status: Active
MLS# EV24048793
List price is $8,823,530 Reduced by $426,470 on 6/19/2024
Beds: 0
Baths: 0
Built in 2009
1.58 acres
Lot size: 1.5769
County: San Bernardino
Lot description: ZeroToOneUnitAcre,Flat
MLS area: 682 - Chino Hills

Last Updated: 6/1/2025

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This listing belongs to the 682 - Chino Hills MLS area

Lat/Long: 33.983033, -117.731887.
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Listing Agent: DANIEL CORCORAN
Lic#: 01234982
Office Name: Mission Viejo

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