Drug Store

Lake Placid, NY Drug Stores for Sale

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Walgreens Drug Store
Updated: Apr 11
Walgreens Drug Store

2140 Saranac Avenue, Lake Placid, NY 12946

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Walgreens drug store property at 2140 Saranac Avenue, Lake Placid, NY 12946
Absolute NNN lease structure
Renewal option periods included
First option to renew exercised early
Former Rite Aid location
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Free-Standing Retail Building
Free-Standing Retail Building

1863 Central Avenue, Colonie, NY 12205

$2,300,000
11,180 sqft

Free-standing retail building built for Rite Aid and positioned on a signalized corner with ample on-site parking.

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Two-Property Pharmacy Portfolio
Two-Property Pharmacy Portfolio

12 Franklin Avenue, Clinton, NY 13323

Contact for pricing
27,253 sqft

Two-property Kinney Pharmacy portfolio is offered for sale with a century-old tenant and 7.71% cap rate.

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Walgreens Drug Store
Walgreens Drug Store

1850 Central Ave, Colonie, NY 12205

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Occupied by Walgreens under an absolute NNN lease with no landlord responsibilities.

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CVS Drug Store
CVS Drug Store

39 Meadow St, Clinton, NY 13323

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Corporate-guaranteed tenancy with more than 11 years of remaining rent coverage.

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Lake Placid, NY Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Lake Placid, NY on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3
Grocery and convenience stores 1
Shopping centers 1

Demographics Overview

Population 4,805
Population Growth (5Y) +0.3%
Median Household Income $78,261
College Educated 67.3%

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $18.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

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