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Walgreens 1645 Columbia Tpke 14,653 SF Retail Building Castleton On Hudson, NY 12033 $3,225,000 ($220.09/SF) 12.78% Cap Rate



Executive Summary
• Positioned within the Albany MSA – Ranked #63 in the United States for population size
• Walgreens took over this location from Rite Aid in 2018
• Located along Columbia Turnpike (12,400 VPD)
• Within proximity to Interstate 90 (36,129 VPD)
• 28,407 people live within ?ve miles of the property
• Average household income within a three-mile radius is $154,716
• Less than 1.5 miles north of two NEW Amazon Ful?lment Centers
• Neighboring tenants include Tractor Supply Company, USPS, Curtis Lumber Co., and Evergreen Country Club
Property Facts
Amenities
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $28.30
- Triple Net
- Mar 2027
Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | $28.30 | Triple Net | Mar 2027 |
Property Taxes
| Parcel Number | 4489-189-5-1.12 | Improvements Assessment | $2,376,200 |
| Land Assessment | $123,800 | Total Assessment | $2,500,000 |
Property Taxes
Presented by
Walgreens | 1645 Columbia Tpke
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