Performing the following (note the range of 10,000):

`importmulti '[{"desc": "sh(wpkh([aeee1e6a/49h/1h/0h]tpubDC5bVdaveQYxGFztMShFAjU637kKjrs9FD8ne1oHR7z8tLeQJExsaxWRVeSpcCcYMdp5ecf2LQhuVaeYFZ7YEpvWTJr4nDGUJrmuvLuTSsp/1/*))", "keypool": true, "timestamp": "now", "watchonly": true, "internal": true, "range": {"end": 1000}}]' '{"rescan": false}'`

takes many minutes. @achow101 reports a similar import taking 6 minutes on his machine.
{
    DBErrors nZapWalletTxRet = WalletBatch(*database,"cr+").ZapWalletTx(vWtx);
    if (nZapWalletTxRet == DBErrors::NEED_REWRITE)
    {
        if (database->Rewrite("\x04pool"))
        {
            LOCK(cs_wallet);
            setInternalKeyPool.clear();
            setExternalKeyPool.clear();
            m_pool_key_to_index.clear();
            
            
            
        }
    }
    if (nZapWalletTxRet != DBErrors::LOAD_OK)
        return nZapWalletTxRet;
    return DBErrors::LOAD_OK;
}
bool CWallet::SetAddressBookWithDB(WalletBatch& batch, const CTxDestination& address, const std::string& strName, const std::string& strPurpose)