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Walgreens 78-82 N Broad St 10,908 SF Retail Building Norwich, NY 13815 $2,678,544 ($245.56/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Operating successfully as a pharmacy since 1998
- Minimal national drugstore competition in the area
- Nearby attractions: UHS Chenango Memorial Hospital (138 beds), Chenango County Fairgrounds, Norwich High School, and YMCA
- Price below replacement cost
- Situated on North Broad Street with 17,300 vehicles per day
- Average household income within 5 miles: $78,218
EXECUTIVE SUMMARY
The 10,908-square foot property sits at a signalized intersection on North Broad Street, with over 17,300 vehicles passing daily. It faces minimal competition from national drug store chains in the area. Nearby landmarks include UHS Chenango Memorial Hospital (138 beds), Chenango County Fairgrounds, Norwich High School, and the YMCA. The average household income within a 5-mile radius is $78,218. Neighboring retailers include Grand Union Supermarkets, Dollar Tree, NBT Bank, Mavis, H&R Block, and others.
Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,100 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.
PROPERTY FACTS
AMENITIES
- Bus Line
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Dec 2028
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Dec 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 081100-136-480-0004-013-000-0000 | Improvements Assessment | $530,000 |
| Land Assessment | $170,000 | Total Assessment | $700,000 |
PROPERTY TAXES
Presented by
Walgreens | 78-82 N Broad St
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