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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 Boots Alliance began with Walgreens, which was founded in 1901 and grew from a neighborhood drugstore into a large pharmacy and retail business. The company was formed later through the combination of Walgreens and Alliance Boots, creating a business with a broad presence in pharmacy retail and health-focused services. Its operations include retail pharmacy, healthcare services, and pharmaceutical wholesale, with digital and in-store offerings that support prescription access, consultations, immunizations, and wellness products. Walgreens Boots Alliance has remained centered on pharmacy-led care while serving customers through a mix of community locations and online channels.
| 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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