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Investment Highlights

  • Absolute NNN Lease with Walgreens - Additional adjacent land also available
  • The property has excellent access and visibility.

Executive Summary

Absolute Net Lease Walgreens for sale in Dryden, NY. Also available for an additional cost, adjacent development ground that has been pre-approved for up to 5,700 SF building with drive-thru option - complete with a separate right-out cub cut. The parcel sits on a 2.32 AC site with 344' frontage on State Route 13. The property has excellent access and visibility. There are 14 years remaining on an absolute triple net lease. Route 13 is the main retail corridor.

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Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,196 SF
Building Class
C
Year Built
2018
Price
$3,481,885
Price Per SF
$310.99
Cap Rate
7%
NOI
$243,732
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.32 AC
Zoning
COM - Commerical Business
Parking
80 Spaces (7.15 Spaces per 1,000 SF Leased)
Frontage
200’ on North St

Amenities

  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
502401-009-000-0001-003-000-0000
Land Assessment
$200,000
Improvements Assessment
$2,000,000
Total Assessment
$2,200,000
  • Listing ID: 30442618

  • Date on Market: 12/26/2023

  • Last Updated:

  • Address: 79 North St, Dryden, NY 13053

Contact the Sale Advisor

79 North St

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