CBRE, on behalf of ownership, is pleased to exclusively offer the fee simple interest in 163 Robinson Street, Binghamton, NY. The 10,125 square foot building sits on 1.01 acres. The property is subject to a triple-net lease with CVS Pharmacy. There are just under eight years of firm term remaining on the lease. In addition, the tenant has two five-year options with 8% rent increases. The lease is corporately guaranteed by CVS Pharmacy which boasts an investment grade credit rating of ‘BBB’ by Standard & Poor’s. The property has undergone recent capital improvements including a new parking lot in 2022 and a new roof in 2020.  The subject property is ideally positioned on a signalized, hard corner with multiple points of ingress. The site benefits from over 13,300 vehicles per day. There are many housing communities in the immediate surrounding area. National retailers nearby include Weis Markets, Dick’s Sporting Goods, Dollar General, KFC, NBT Bank, Walgreens and more. The subject property is located approximately five miles from Binghamton University’s main campus. The school enrolls over 18,000 students and contributes approximately $1.4 billion to the regional economy. In addition, Calvin Coolidge Elementary School is located only one-half mile from the subject and enrolls over 315 students. The area is densely populated with over 99,000 people residing within five miles of the subject property.