26531 Aliso Creek RdAliso Viejo, CA 92656

This exceptional investment opportunity presents a 13,386 square foot, free-standing Walgreens pharmacy in Aliso Viejo, California. Located at the hard corner of Aliso Creek Road and Enterprise, this property boasts a signalized intersection and high daily traffic counts exceeding 51,000 vehicles. The building, constructed in 2008, features one drive-thru lane and sits on a 1.76-acre lot. Currently operating under a triple-net (NNN) lease with Walgreens, the property offers a 4-year remaining lease term with (5) 10-year and (1) 5-year lease options. The lease includes rare rent increases throughout the primary term and option periods. The property enjoys 100% occupancy, generating a strong net operating income (NOI) of $662,580, resulting in a 4.42% cap rate. The asking price is $15,000,000. This fee-simple ownership offers a secure, long-term investment with a highly reputable tenant. The property benefits from a strong demographic profile, with a population exceeding 127,000 and an average household income over $153,000 within a 3-mile radius. The lease structure includes 10 years of interest-only payments at a 2% interest rate. This is a rare opportunity to acquire a high-performing, strategically located Walgreens in a thriving Southern California market.