Walgreens
1929 U.S. 20, Waterloo, NY
For Sale
Retail
Free Standing
$8,273,000
Price
7.85%
Cap Rate
$649,485
NOI
Overview
Cap Rate
7.85%
NOI
$649,485
Building Size
14,763 sqft
Lot Area
1.3 acres
Occupancy
100%
Class
A
Lease Type
Absolute Net
Year Built
2013
Tenancy
Single
Investment Strategy
Core
Lease Expire Year
2030
Description
TD Commercial Group is pleased to present Walgreens Waterloo NY. Walgreens took over this site from Rite Aid and has occupied this location for well over a decade. The property sits on a hard corner and signalized intersection next to Walmart Supercenter, Tops Grocery, Aldi & McDonalds. The lease has 6+ years remaining on it with 10% increases in rent every 10 years.
Highlights
- Hard corner location
- Located in a dense retail area
- Rental increases
- Corporate Guarantee
- Absolute NNN
- Seller financing available
Documents
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Walgreens-_Waterloo_NY_OM_-_Luke_Thomson_TD_-_V2__4_.pdf
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