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Kinney Drug - Brewerton, NY 9543 Brewerton Rd 13,200 SF Retail Building Brewerton, NY 13029 $2,632,250 ($199.41/SF) 8% Cap Rate



Investment Highlights
- Strategic Location Near New Micron Megafactory
- NNN Lease Structure
- High Performer Per Placer AI
- Corporate Guaranteed Lease
- Excellent Accessibility
- Over 28 Years in Continuous Operation
Executive Summary
Near new $100B Micron Semiconductor MegaFab
Malchus Real Estate is pleased to present the exclusive offering of 9543 Brewerton Rd, Brewerton, NY 13029, a well-positioned net leased investment opportunity located within one of the fastest-growing economic corridors in Upstate New York. The property is situated less than five miles from Micron’s newly announced semiconductor megafactory in Clay, NY, a transformative multi-billion-dollar development expected to generate significant long-term employment growth, infrastructure investment, and increased regional demand.
The asset is secured by a corporate guaranteed lease, providing investors with stable and reliable income. The lease is structured as a triple net lease, with the tenant responsible for taxes, insurance, and maintenance, creating a passive ownership opportunity with limited landlord responsibilities for roof and structure only.
Strategically positioned along Brewerton Road, the property benefits from strong visibility, convenient accessibility, and proximity to Interstate 81, serving both local and regional traffic throughout the Syracuse metropolitan area. The surrounding market continues to experience substantial public and private investment, further strengthening the long-term fundamentals of the location.
This offering presents the opportunity to acquire a corporate-backed net leased asset in a rapidly expanding market supported by one of the most significant semiconductor manufacturing projects in the United States.
Malchus Real Estate is pleased to present the exclusive offering of 9543 Brewerton Rd, Brewerton, NY 13029, a well-positioned net leased investment opportunity located within one of the fastest-growing economic corridors in Upstate New York. The property is situated less than five miles from Micron’s newly announced semiconductor megafactory in Clay, NY, a transformative multi-billion-dollar development expected to generate significant long-term employment growth, infrastructure investment, and increased regional demand.
The asset is secured by a corporate guaranteed lease, providing investors with stable and reliable income. The lease is structured as a triple net lease, with the tenant responsible for taxes, insurance, and maintenance, creating a passive ownership opportunity with limited landlord responsibilities for roof and structure only.
Strategically positioned along Brewerton Road, the property benefits from strong visibility, convenient accessibility, and proximity to Interstate 81, serving both local and regional traffic throughout the Syracuse metropolitan area. The surrounding market continues to experience substantial public and private investment, further strengthening the long-term fundamentals of the location.
This offering presents the opportunity to acquire a corporate-backed net leased asset in a rapidly expanding market supported by one of the most significant semiconductor manufacturing projects in the United States.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,200 SF
Building Class
B
Year Built/Renovated
1998/2000
Price
$2,632,250
Price Per SF
$199.41
Cap Rate
8%
NOI
$210,580
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.97 AC
Zoning
RC - Regional Commercial
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 312289-116-000-0001-006-001-0000 | Improvements Assessment | $867,900 |
| Land Assessment | $130,100 | Total Assessment | $998,000 |
Property Taxes
Parcel Number
312289-116-000-0001-006-001-0000
Land Assessment
$130,100
Improvements Assessment
$867,900
Total Assessment
$998,000
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