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| Price $6,258,400 | Built/Renov 2005/2018 | Tenant Walgreens |
| Cap Rate 11.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,564
| Lease Start
11-01-2025
| #Units
12,500
|
| Price/SF $429.72 | Expiration
10-31-2029
| Tenant Type Pharmacy |
| NOI $688,424 | R. Term 4.20 | Ownership Fee Simple |
| Rent/SF
$47.27
| Increases 10.0%/6/yrs | Pop 5Mi 29,100 |
| Lot/AC 2.37 | Options 6/5yrs/10% | AHHI 5Mi $140,385 |
| | |
Walgreens is strategically located along NY Highway 150, with access to approximately 13,061 vehicles passing by daily. The property sits along a major thoroughfare serving the local community and surrounding suburban areas. Surrounding major national tenants include Dollar General, Cumberland Farms, and Hannaford Supermarket. Nearby schools include Averill Park High School and West Sand Lake...
...Recent renovation
In location for years
Major thoroughfare
Highway location
Affluent AHHI $100K 5 Mi
Major MSA
Long operation history
Limited competition
Traded and rated company
Corporate Guarantee
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
