Hornell Retail Property for
For Sale
Contact for pricing
Pending
12 Park Drive, Hornell, NY 14843
Retail property with long-term lease and rental increases.
Property SizeContact for details
Days on Market288
Property Features for 12 Park Drive
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SURMOUNT
Listed By:
Gabriel Britti · License #FL SL3211804
Source:
Crexi
Added: Nov 24, 2025
Changed: Sep 8
Last Checked: Jul 21 at 3:58PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
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.
Key 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 14843, NY
12,637
Population
6,353
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
132
Density / Sq Mi
$56,004
Median Household Income
$36,286
Median Earnings
$766
Median Rent
$104,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market 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
Frequently Asked Questions
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 Drive Hornell, NY.
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
