416 Windsor Hwy - Drug Store FOR SALE


Vails Gate, NY 12584
$9,150,000 USD
212-972-3947
416 Windsor Hwy, Vails Gate, NY for Sale
$9,150,000 USD
Drug Store - FOR SALE
1/1
null | 6.32% Cap Rate

416 Windsor Hwy
Vails Gate, NY 12584


HIGHLIGHTS

  • Long term, absolute triple net lease
  • Rent increases in base term and options
  • Very busy location near two signalized intersection and between 3 supermarkets
  • Approx. 600 feet from three supermarket’s: Shop Rite, Hannaford & Price Chopper
  • Strong demographics
  • Affluent Orange County / Hudson Valley location

OVERVIEW

HMX Realty Advisors exclusively presents for sale a long term, absolute triple net Walgreens in Vails Gate, NY. Vails Gate is located in Orange County, NY, part of the Hudson Valley. This property is ideally located on a busy road near two signalized intersection. In addition, it is less than 600 feet in each direction from 3 supermarkets, a Shop Rite, Hannaford and Price Chopper which is very rare. The property is located in a busy shopping corridor and has an average of over 18,000 cars per day at the intersection of Hwy 32 & Windsor Hwy. Average household income within 3-miles of the property is $114,000+ with over 75,000 people in a 5-mile radius. Total consumer spending within 3-miles was over $472m and over $927m in 5-miles.

FOR SALE DETAILS

PRICE

$9,150,000 USD

PRICE/SF

$629 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel de Sa'HMX Realty AdvisorsMore Info
212-972-3947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Daniel de Sa'HMX Realty AdvisorsMore Info
212-972-3947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.