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    Shirley, NY
    Drug Store

    Shirley, NY Drug Stores for Sale

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    Walgreens NNN Drug Store
    Updated: Jan 13
    Walgreens NNN Drug Store

    863 Montauk Highway, Shirley, NY 11967

    $6,500,000
    0.71 AC lot
    Walgreens occupies the property under a flat‑rent NNN lease expiring in 2036
    Reported 7.77% capitalization rate
    0.71‑acre parcel with J2 zoning
    Central air conditioning
    Public water service
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    NNN Walgreens Outparcel
    Updated: Feb 21, 2024
    NNN Walgreens Outparcel

    863 Montauk Hwy, Shirley, NY 11967

    Contact for pricing
    10,500 sqft
    NNN Walgreens on Montauk Highway in Shirley, NY, just off the Sunrise Highway and William Floyd Parkway intersection
    Walgreens currently has 13 years remaining on the initial lease with multiple options
    Includes long‑term lease renewal provisions with 50 years of lease renewal options
    Located as an outparcel to a larger shopping center and one block from South Port shopping center
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Shirley, 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.

    Three-Story Retail Building with Pharmacy
    Three-Story Retail Building with Pharmacy

    11 South 4th Avenue, Mt Vernon, NY 10550

    Contact for pricing
    6,500 sqft

    Three-story retail building with a currently leased first-floor pharmacy and additional space available above.

    View details
    Freestanding CVS Storefront Building
    Freestanding CVS Storefront Building

    2030 Hillside Ave, New Hyde Park, NY 11040

    Contact for pricing
    9,100 sqft

    Freestanding, currently occupied CVS location with 150 feet of frontage and 27 parking spaces.

    View details
    Mount Vernon Retail Pharmacy Building
    Mount Vernon Retail Pharmacy Building

    Mt Vernon, NY 10550

    Contact for pricing
    1,800 sqft

    Established pharmacy retail store in vibrant downtown location.

    View details
    Corporate-Leased Walgreens NNN
    Corporate-Leased Walgreens NNN

    109 Hillside Ave., New Hyde Park, NY 11040

    Contact for pricing

    Walgreens is on a corporate absolute NNN lease with 7 years remaining and an S&P BBB credit rating.

    View details

    Shirley, NY Drug Stores Market Trends and Statistics

    Explore 2 drug stores for sale in Shirley, NY on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $6,500,000.

    Sale prices for pharmacies in Shirley, NY average $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3
    Drug stores 1
    Storefront properties 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) -1.4%
    Median Household Income $106,810
    College Educated 24.0%

    High-Yield Neighborhoods for Investment

    Identify Shirley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    11967 $6.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Suffolk County

    New Delisted

    Total CRE Inventory on Market (SF)

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