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Kinney Drugs 40 Oriskany Blvd 12,075 SF Retail Building Whitesboro, NY 13492 $2,690,642 ($222.83/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Corporate Kinney Drugs Lease — Long-Established Regional
Pharmacy Chain With Strong Brand Presence Across Upstate
New York & Vermont
Essential, Needs-Based Tenant — Pharmacy, Healthcare, And
Convenience Retail Drive Consistent Year-Round Traffic And
Recession-Resistant Performance
Rare Kinney Drugs with Fuel, Attracting Additional Consumer
Visits
Strategic Location Along Oriskany Blvd (Ny-5A) — High-Visibility
Corridor Connecting Whitesboro, Yorkville, And Utica Commercial
Districts
Proximity To Major Population & Employment Base — Minutes
From Downtown Utica, Hospitals, Retail Centers, And Residential
Neighborhoods
Established Operating History At This Location — Strong
Customer Base And Repeat Patronage Within The Surrounding
Trade Area
Signalized Hard-Corner / Excellent Access & Exposure — Multiple
Ingress/Egress Points And Strong Daily Traffic Counts Along The
Corridor
Limited Direct Competition In Immediate Trade Area — Sticky
Customer Capture For Prescription & Otc Healthcare Spending
Low Management / Hands-Off Investment — Ideal For Passive
Investors Seeking Durable Income From A Service-Based Tenant
PROPERTY HIGHLIGHTS
Pharmacy Chain With Strong Brand Presence Across Upstate
New York & Vermont
Essential, Needs-Based Tenant — Pharmacy, Healthcare, And
Convenience Retail Drive Consistent Year-Round Traffic And
Recession-Resistant Performance
Rare Kinney Drugs with Fuel, Attracting Additional Consumer
Visits
Strategic Location Along Oriskany Blvd (Ny-5A) — High-Visibility
Corridor Connecting Whitesboro, Yorkville, And Utica Commercial
Districts
Proximity To Major Population & Employment Base — Minutes
From Downtown Utica, Hospitals, Retail Centers, And Residential
Neighborhoods
Established Operating History At This Location — Strong
Customer Base And Repeat Patronage Within The Surrounding
Trade Area
Signalized Hard-Corner / Excellent Access & Exposure — Multiple
Ingress/Egress Points And Strong Daily Traffic Counts Along The
Corridor
Limited Direct Competition In Immediate Trade Area — Sticky
Customer Capture For Prescription & Otc Healthcare Spending
Low Management / Hands-Off Investment — Ideal For Passive
Investors Seeking Durable Income From A Service-Based Tenant
PROPERTY HIGHLIGHTS
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,075 SF
Building Class
B
Year Built
1978
Price
$2,690,642
Price Per SF
$222.83
Cap Rate
7%
NOI
$188,345
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
6.50 AC
Zoning
01
Parking
50 Spaces (4.14 Spaces per 1,000 SF Leased)
Frontage
148’ on Oriskany Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 305-014-0004-043-003-0000 | Improvements Assessment | $695,000 |
| Land Assessment | $105,000 | Total Assessment | $800,000 |
PROPERTY TAXES
Parcel Number
305-014-0004-043-003-0000
Land Assessment
$105,000
Improvements Assessment
$695,000
Total Assessment
$800,000
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Kinney Drugs | 40 Oriskany Blvd
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