Drug Store

Cortland, NY Drug Stores for Sale

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Cortland Retail Property for Sale
Updated: Mar 27, 2025
Cortland Retail Property for Sale

3948 State Rte 281, Cortland, NY

Contact for pricing
14,490 sqft 1.40 AC lot
Long‑term tenant (Walgreens) with 7 years remaining on the original 25‑year lease.
Tenant has 10 (5‑year) options to extend, indicating a strong commitment to the location.
Tenant has termination options every 5 years beginning 2/29/2032.
Established tenant provides a stable income stream.
Property is leased to a nationally recognized pharmacy chain.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Cortland, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Pharmacy with Drive-Thru
Freestanding Pharmacy with Drive-Thru

119 W 2nd St, Elmira, NY 14901

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10,945 sqft

Freestanding former pharmacy building with a drive-thru, recently updated facade, and large parking lot on a corner lot.

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Freestanding Retail Building with Drive-Thru
Freestanding Retail Building with Drive-Thru

209 Mt Zoar St, Elmira, NY

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10,945 sqft 1.42 AC lot

Former pharmacy with drive-thru, suitable for retail or restaurant.

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Drug Store and Healthcare Property
Drug Store and Healthcare Property

1208 Scottsville Rd, Rochester, NY 14624

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25,032 sqft

For sale healthcare and retail property totaling 25,032 square feet, with public remarks referencing Fresenius and Walgreens.

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Two Retail Storefront Buildings
Two Retail Storefront Buildings

994 North Clinton Avenue, Rochester, NY 14621

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Two well-known storefront locations with shared parking, positioned on a high-visibility retail corridor for convenient neighborhood services.

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Off-Market Properties in Cortland, NY

Consider similar Off-Market properties in Cortland, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3948 Ny-281
Individual retail properties

3948 Ny-281, Cortland, NY 13045

Estimated value:
No data
14,800 sqft 1.40 AC lot
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79 North St
Individual retail properties

79 North St, Cortland, NY 13045

Estimated value:
No data
11,324 sqft 2.32 AC lot
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Cortland, NY Drug Stores Market Trends and Statistics

Explore 3 drug stores for sale in Cortland, NY on our real estate platform. These investment opportunities span a total of 14,490 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 17
Shopping centers 4
Automotive properties 2
Drug stores 2
Grocery and convenience stores 2

Demographics Overview

Population 28K
Population Growth (5Y) -2.9%
Median Household Income $67,028
College Educated 44.5%

Taxes & Financing

Tax Rate (average for all types) 2.42%
Property Tax per SF $45.67 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cortland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cortland County

Retail

Office

Residential Income

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