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Dansville, NY - Walgreens

$1,592,000

9519 Foster Wheeler Rd, Dansville, NY 14437

Active
Last Updated: 01/13/2026

9.5

Cap Rate

151,241

NOI

Details:
Cap Rate:    9.5%
NOI:    $151,241
Building Size:    11,094 sqft
Lot Area:    1.44 acres
Year Built:    1997
Zoning:    Commercial
Description:

• Walgreens Corporate Guaranteed Lease
• The property is drive-thru equipped, offering added customer convenience and supporting future redevelopment potential
• Over 2 years remaining, with 5 (5-year) option periods to extend and 1 (3-year) option, with a 21.1% increase at the beginning of Option 1 and then a $1.02/SF/YR rental increase at the beginning of each following option, increasing NOI and hedging against inflation
• The tenant has operated at this location since 1997, demonstrating the tenant’s commitment to the site

Map:
Location
Gallery