Walgreens – Vails Gate, NY
416 Windsor Hwy, Vails Gate, NY, 12584
Property Highlights
- Walgreens | NYSE: WBA | S&P Investment Grade Credit
- Long term, absolute triple net lease
- Rent increases in base term and options
- Very busy location near two signalized intersection and between 3 supermarkets
- Approx. 600 feet from three supermarket’s: Shop Rite, Hannaford & Price Chopper
- Strong demographics – average household income in 3-miles: $114k+
- 2023: 5-mile consumer spending was $927 million+
- Affluent Orange County / Hudson Valley location
Property Details
- Price: $9,150,000
- Property Type: Retail
- Transaction Type: For Sale
- Cap Rate: 6.32%
- Building Size: 14,550 SF
- Lot Size: 1.75 AC
- Lease Type: Single Tenant NNN
- Lease Term: 12 years
- Tenancy: Single Tenant
Financial Summary
Investment Highlights
Price | $0.00 |
Price / Unit | $0.00 |
Gross Rent Multiplier | 0.00 |
Proposed Loan Amount | $0.00 |
Initial Investment | $0.00 |
Income & Expenses
Expense | Potential | Current |
Total Expenses | $ 0.00 | $ 0.00 |
Net Operating Income | $0.00 | $0.00 |
Less Debt Service | $0 | $0 |
Potential Net Cash Flow | $0.00 | $0.00 |
Cash on Cash Return | 0.00 % | 0.00 % |
Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit | BR/BA | Current Monthly Rent | Potential Monthly Rent | Status | Lease Expires |
Totals | $ 0.00 | $ 0.00 |