10 Young St Tonawanda, NY 14150
Retail building in Tonawanda, NY with long-term lease.
Property size:
13,905 SFLot size:
1.90 AcresProperty Features for 10 Young St
General Information
- Standard status
- Active
- Size
- 13,905 SF
- Lot size
- 1.90 Acres
Source:
Crexi
Listing Agency: Gendron Commercial Listing Agent: John Gendron
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Tonawanda Retail Building For Sale
The subject property, a retail building located at 10 Young St. in Tonawanda, NY, is available for sale. Constructed in 1996, the building has an area of 13,905 square feet and is situated on a 1.9-acre site. The property is currently occupied by Walgreens under a NNN lease with an original term of 49 years, with approximately 22 years remaining. Beginning in 2027, Walgreens has the right to terminate the lease every 5 years. The landlord is responsible for the roof and structure. The site is located in the heart of the Tonawanda retail district near the intersecting bridges of Tonawanda and North Tonawanda. The landlord has an exclusive on 500ft to the property and Walgreens has a first right of refusal with a 10 day response upon receipt. Tonawanda is located in Erie County, NY and part of the Buffalo Niagara Falls Metro Area. Buffalo is the second largest city in the state of New York. The state of New York is the largest employer to the city of Buffalo, employing over 15,000 people. Other top employers include, Kaleida Health, M&T Bank, the University of Buffalo, General Motors and Tops Friendly Markets. The annual rent is $150,000 until 1/31/2047. Walgreens Termination Option Dates: 1/31/2027 1/31/2032 1/31/2037 1/31/2042.
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Redbox
Cinema
Walgreens Pharmacy
Pharmacy
COVID-19 Drive-Thru Testing ...
Medical Laboratory
FedEx OnSite
Postal Service
Similar Places Nearby
Zachary T. Bluhm, Pharm, Andrea C. Krause, Pharm, Jamie Keller, Todd Martino, Tops Pharmacy
Location Insight
- Map
- Local Demand
- City
- Tonawanda
- County
- Erie
- State
- New York
- Longitude
- -78.8761111
- Latitude
- 43.019805
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Retail building in Tonawanda, NY with long-term lease.
Where is this drug store located?
The property is located at 10 Young St Tonawanda, NY.
What are key features of this property?
This property features: - NN Lease with Walgreens: Enjoy stable, long-term income from a national tenant.; - Strategic Location: Located in the heart of the Tonawanda retail district, near major intersections.; - Long Remaining Lease Term: Approximately 22 years remaining on the original 49-year lease.
