4357 Ny Highway 150 - Drug Store FOR SALE


West Sand Lake, NY 12196
$6,258,400 USD
4357 Ny Highway 150, West Sand Lake, NY for Sale
$6,258,400 USD
Drug Store - FOR SALE
1/4
null | 11% Cap Rate

4357 Ny Highway 150
West Sand Lake, NY 12196


OVERVIEW

• Positioned within the Albany MSA – Ranked #63 in the United States for population size • Walgreens took over this location from Rite Aid in 2018 • NNN – No landlord responsibilities • Located along New York Hwy 150 (13,061 VPD) • 29,100 people live within ?ve miles of the property • Average household income within a ?ve-mile radius is $140,385 • Neighboring tenants include Hannaford Supermarket, Subway, Dunkin’, Trustco Bank, USPS, & NAPA Auto Parts • Limited competition in the area – the nearest national competitor pharmacy is located ?ve miles north

FOR SALE DETAILS

PRICE

$6,258,400 USD

PRICE/SF

$682 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,337 SF

ZONING

-

APN/PARCEL ID

4000-146.4-2-16

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info

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Randy BlanksteinThe Boulder GroupMore Info

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