Freestanding Walgreens Investment Property

825-827 Dutchess Tpke, Poughkeepsie, NY

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For Sale

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Absolute NNN lease with over 11 years remaining.

Type:RETAIL

Property size:

14,742 SF

Lot size:

1.45 Acres

Price / SF:

$508/SF

HighLights

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.
Over 11 years of firm lease term remaining.
Options to extend the lease term through 2086.
Fee simple interest (land & building ownership) included.

We can help!

Listing Contact

Britt Raymond

Learn more

For Sale

Contact for pricing

Absolute NNN lease with over 11 years remaining.

Type:RETAIL

Property size:

14,742 SF

Lot size:

1.45 Acres

Price / SF:

$508/SF

Added:: Feb 6, 2025
Days on Market:: 495
Last Refresh:: May 20 at 9:37 pm

Property Features for 825-827 Dutchess Tpke

General Information

Standard status: Active
Size: 14,742 SF
Lot size: 1.45 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Britt Raymond

Listing agent Britt Raymond License #10401281546

Listing office SRS Real Estate Partners | New York

Listing date Feb 6, 2025

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | New York

HighLights

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.
Over 11 years of firm lease term remaining.
Options to extend the lease term through 2086.
Fee simple interest (land & building ownership) included.

Overview

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

Similar Places Nearby

Genoa Healthcare — 20 Manchester Rd, Arlington, NY 12603
Nutrition Jungle — 5 Collegeview Ave Suite 1, Poughkeepsie, NY 12603
House of Nutrition — 5 Collegeview Ave, Poughkeepsie, NY 12603
Michelle Miscedra — 635 Dutchess Turnpike, Poughkeepsie, NY 126031920
Holistic Healing & Nutrition — 695 Dutchess Turnpike suite 206-f, Poughkeepsie, NY 12603

Location Insight

Map
Local Demand

City: Poughkeepsie
County: Dutchess
State: New York
Longitude: -73.8719
Latitude: 41.7026

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For sale
Drug stores
NY
Poughkeepsie
825-827 Dutchess Tpke

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.

825-827 Dutchess Tpke, Poughkeepsie, NY

Absolute NNN lease with over 11 years remaining.

Property Features for 825-827 Dutchess Tpke

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Poughkeepsie Commercial Property For Sale

Turn-Key Office Building

Poughkeepsie Commercial Property For Sale

Office Building Needing Full Restoration

Single-Tenant Restaurant & Bar Building

Warehouse with Office Buildout

Class A Office/Industrial Building

Poughkeepsie Colonial Two-Family Home

Mixed-Use Downtown Building with Bar

Restored Mixed-Use Poughkeepsie Rowhouse

Restored Mixed-Use Poughkeepsie Rowhouse

Three-Family Colonial Residence

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