Hornell, NY - Walgreens

Description:

• Corporate Signed by Walgreen Eastern Co. (S&P: BBB)
• Recently extended their lease through March 2034, demonstrating their long-term commitment to the site
• Lease features rental increases in 2025 and 2030, generating NOI and providing a hedge against inflation
• Headquartered in Deerfield, IL, Walgreens operates more than 9,000 stores across all 50 states

• Walgreens is strategically located at the signalized, hard corner intersection of State Highway 36 and Park Drive, averaging over 20,100 vehicles per day
• The building is complete with a drive-thru pharmacy, providing ease and convenience for customers
• The site benefits from a large monument sign, creating excellent visibility along both cross streets
• The subject property is ideally situated as an outparcel to Hornell Railroad Centre, a shopping center anchored by major tenants including Save A Lot, Tractor Supply Co., Family Dollar, and Aaron’s