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    Hornell Retail Property for Sale Title is generated by Realmo AI

    12 Park Dr, Hornell, NY

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    Retail property with long-term lease and rental increases.

    Type:RETAIL
    Property size:
    13,813 SF
    Lot size:
    1.71 Acres
    Price / SF:
    $375/SF
    Added:
    Feb 6, 2025
    Days on Market:
    491
    Last Refresh:
    May 20 at 8:32 pm

    Property Features for 12 Park Dr

    General Information

    Standard status
    Active
    Size
    13,813 SF
    Lot size
    1.71 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Britt Raymond
    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

    • Corporate lease signed by Walgreen Eastern Co. (S&P: BBB)
    • Lease recently extended through March 2034, indicating long‑term commitment
    • Rental increases scheduled in 2025 and 2030, providing NOI and inflation hedge
    • Walgreens operates over 9,000 stores across all 50 states
    • Walgreens is headquartered in Deerfield, IL
    • Long‑term commitment to the site

    Overview

    This retail property is leased to Walgreens, with the lease recently extended through March 2034, demonstrating a long-term commitment to the location. The tenant, Walgreen Eastern Co., is investment grade (S&P: BBB). The lease includes rental increases scheduled for 2025 and 2030, providing a hedge against inflation. Walgreens operates over 9,000 stores across all 50 states. The property has a size of 13,813 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Pharmacy Pharmacy Irfan M. Mehr, ... Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Cosmetic Store LibertyX Bitcoin ATM Atm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Walgreens Pharmacy — 12 Park Dr, Hornell, NY 14843
    • Irfan M. Mehr, RPh — 12 Park Dr, Hornell, NY 14843
    • Samuel M. Patello, BS — Hornell, NY 14843
    • Nicolle Matthews — 12 Park Dr, Hornell, NY 148432271
    • Brian Marlatt — 12 Park Dr, Hornell, NY 148432271

    Location Insight

    • Map
    • Local Demand
    City
    Hornell
    County
    Steuben
    State
    New York
    Longitude
    -77.6604
    Latitude
    42.3213

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    FAQs

    What type of property is this?
    Drug store - Retail property with long-term lease and rental increases.
    Where is this drug store located?
    The property is located at 12 Park Dr Hornell, NY.
    What is the asking price?
    The asking price for this property is $5,190,000.
    What are key features of this property?
    This property features: Corporate lease signed by Walgreen Eastern Co. (S&P: BBB); Lease recently extended through March 2034, indicating long‑term commitment; Rental increases scheduled in 2025 and 2030, providing NOI and inflation hedge
    (704) 517-4712 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Britt Raymond
    Britt Raymond
    Real Estate License ID: 10401281546
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