Prime CVS Location, Cairo,
For Sale
$2,600,000
7600 NY-32, Cairo, NY 12413
Opportunity with a well-established CVS location in Cairo, NY
Property Size10,125 SF
Price / SF$256.79
Days on Market616
Property Features for 7600 NY-32
General Information
Standard status
Active
Property type
Other retail properties, Individual retail properties, Other investment properties, Retail properties & Spaces, Investment properties
Size
10,125 SF
Elevators
N/A
Investment Type
Net Lease
Building Details
Buildings
1
Stories
1
Units
1
Listed By:
Jacob Abusharkh
(415) 269-2474
Added: Jan 27, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This investment property features a CVS Pharmacy in Cairo, NY, operating under an absolute NNN lease with zero landlord responsibilities. CVS has exercised its first renewal option, securing five additional five-year options. The property benefits from a high-traffic location near the intersection of Route 23 and Route 32, with over 20,000 vehicles passing daily. It is strategically located across from Hannaford Supermarket and surrounded by businesses, including Cumberland Farms, Mateo's Pizza, Best Wok, Dunkin' Donuts, Ace Hardware, Exxon, McDonald's, and Family Dollar. The building is 10,125 square feet. Cairo, situated at the crossroads of the Catskills in Greene County, is approximately 35 miles south of Albany and ten miles west of the Hudson River. The area is experiencing cultural and economic growth, with additions such as the New Town Library, Hannaford Supermarket, and Town Park. This property offers a secure, high-performing asset in a desirable location with below-market rent and potential upside.
Key Highlights
- Absolute NNN Lease with Zero Landlord Obligations
- Corporate Guarantee
- Investment Grade Credit
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 12413, NY
2,914
Population
1,807
Households
1.6
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
16.6 sq mi
ZIP Area
176
Density / Sq Mi
$53,958
Median Household Income
$46,979
Median Earnings
$1,278
Median Rent
$208,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Other retail property - Opportunity with a well-established CVS location in Cairo, NY
Where is this other retail property located?
The property is located at 7600 NY-32 Cairo, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Absolute NNN Lease with Zero Landlord Obligations; Corporate Guarantee; Investment Grade Credit
