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5206 W Genesee St Camillus, NY 13031

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For Sale
$4,517,000

Retail property with long-term Walgreens lease in Camillus, NY.

Property size:
14,405 SF
Lot size:
1.31 Acres

Property Features for 5206 W Genesee St

General Information

Size
14,405 SF
Lot size
1.31 Acres

Source: SRS Real Estate Partners | New York Agent Britt Raymond

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Walgreens Retail Property for Sale

This retail property is occupied by Walgreens, which has over 6 years remaining on its original 25-year lease. The lease includes 10 options to extend for 5 years each, indicating the tenant's long-term commitment to the location. The property size is 14,405 square feet. The lease agreement specifies no rental increases during the initial term or at the start of each option period. The tenant has a termination option every 5 years, starting on October 31, 2031, and every 5 years thereafter. The property is located at 5206 W Genesee St, Camillus, NY.
Insight Report Location Intelligence

Current Use by Public Records

Walgreens Drug Store Walgreens Photo Passport Photo Processor COVID-19 Drive-Thru Testing ... Pharmacy Redbox Movie Rental Kiosk FedEx OnSite Mailing Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Walmart Pharmacy, Lisa Adornato, Charles Lapp, Michael Perrone, Angela Pagorek

Location Insight

  • Map
  • Local Demand
City
Camillus
County
Onondaga
State
New York
Longitude
-76.2660367
Latitude
43.0417062

FAQs

What type of property is this?
Drug store - Retail property with long-term Walgreens lease in Camillus, NY.
Where is this drug store located?
The property is located at 5206 W Genesee St Camillus, NY.
What is the asking price?
The asking price for this property is $4,517,000.
What are key features of this property?
This property features: - Long-term tenant: Walgreens has 6+ years remaining on the original 25-year lease.; - Renewal options: Tenant has 10 (5-year) options to extend the lease.; - Tenant commitment: Walgreens' lease term and renewal options demonstrate commitment to the location.
More about this property
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