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    825-827 Dutchess Tpke Poughkeepsie, NY 12603

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    For Sale
    $7,500,000

    Absolute NNN lease with over 11 years remaining.

    Property size:
    14,742 SF
    Lot size:
    1.45 Acres

    Property Features for 825-827 Dutchess Tpke

    General Information

    Size
    14,742 SF
    Lot size
    1.45 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

    Freestanding Walgreens Investment Property

    This is an opportunity to acquire the fee simple interest in a freestanding Walgreens investment property located in Poughkeepsie, NY. The property is equipped with a drive-thru. The tenant, Walgreen Eastern Co., Inc., has over 11 years of firm term remaining with options that can extend the term through 2086. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Walgreens is among the largest pharmacy retailers in the United States with over 8,000 operating locations. The property size is 14,742 square feet.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    CVS, Chelsea Winant, Jennifer Glasgow, Peter Errico, Holistic Healing & Nutrition

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.8719007
    Latitude
    41.7026451

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    FAQs

    What type of property is this?
    Drug store - Absolute NNN lease with over 11 years remaining.
    Where is this drug store located?
    The property is located at 825-827 Dutchess Tpke Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - Absolute NNN lease with zero landlord responsibilities, ideal for passive investors.; - Corporate-backed lease by Walgreen Eastern Co., Inc., a major national pharmacy retailer.; - Freestanding building with drive-thru in Poughkeepsie, NY.
    (704) 517-4712
    Request Owner's contact information
    825-827 Dutchess Tpke Poughkeepsie, NY 12603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    825-827 Dutchess Tpke Poughkeepsie, NY 12603
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