Log In/Sign Up
Your email has been sent.
Walgreens 4357 Ny Highway 150 9,179 SF Retail Building West Sand Lake, NY 12196 $5,875,000 ($640.05/SF) 11.72% 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
• 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
• 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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
9,179 SF
Building Class
C
Year Built
2005
Price
$5,875,000
Price Per SF
$640.05
Cap Rate
11.72%
NOI
$688,424
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.37 AC
Zoning
HMU
Parking
46 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Walgreens
- -
- -
- -
- Oct 2029
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Walgreens | - | - | - | Oct 2029 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4000-146.4-2-16 | Improvements Assessment | $1,900,000 |
| Land Assessment | $400,000 | Total Assessment | $2,300,000 |
Property Taxes
Parcel Number
4000-146.4-2-16
Land Assessment
$400,000
Improvements Assessment
$1,900,000
Total Assessment
$2,300,000
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens | 4357 Ny Highway 150
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.