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Walgreens Triple-Net Retail Building
For Sale
Contact for pricing
Pending

8052 State Route 12, Barneveld, NY 13304

2004-built Walgreens NNN property with a lease extended through July 2045.

Property Size14,580 SF
Lot Size1.68 Acres
Days on Market145

Property Features for 8052 State Route 12

General Information

Standard status Pending
Size 14,580 SF
Lot size 1.68 Acres
Property subtype Retail

Building Details

Year Built 2004
Listing Agency: Marcus & Millichap Brooklyn
Listed By: John Horowitz · License #MA
Source: Crexi
Added: Apr 10 Changed: Aug 21 Last Checked: Aug 31 at 9:30PM

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 Marcus & Millichap Brooklyn

Investment Insights

Based on property information with market context.

This Walgreens property was constructed in 2004 and includes approximately 14,580 rentable square feet of building space on an approximately 1.68-acre parcel. The building is leased on a triple-net (NNN) basis to Walgreens.

The current 23.6-year NNN lease commenced November 1, 2004 and has been extended through 07/18/2045. Current annual rent is $304,431, with scheduled increases of approximately 2.2% every five years beginning in 2025.

Key Highlights

  • Walgreens property built in 2004 with approximately 14,580 rentable SF on an approximately 1.68‑acre parcel
  • 23.6‑year triple‑net (NNN) lease commenced Nov 1, 2004
  • Lease extended through 07/18/2045

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Big Box & Wholesale Store Storage Facility Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 70% Dining 26% Apparel 4%
Sunoco Shops & Services
15,040 visits/mo 0.3 miles
Circle K Shops & Services
12,813 visits/mo 0.2 miles
Dunkin' Donuts Dining
11,345 visits/mo 0.4 miles
Family Dollar Shops & Services
5,118 visits/mo 0.4 miles
Super Lube Shops & Services
2,203 visits/mo 0.2 miles

Demographics for 13304, NY

1,573
Population
796
Households
2
Avg Household Size
47
Median Age
48%
College-Educated
96%
High-School Grad
17.6 sq mi
ZIP Area
89
Density / Sq Mi
$105,313
Median Household Income
$55,607
Median Earnings
$1,264
Median Rent
$254,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Hans W. Ernst, Pharm 8052 NY-12, Barneveld, NY 13304
  • James H. Serour, RPh Barneveld, NY 13304
  • Daryl Kasprowicz 8052 NY-12, Barneveld, NY 133042103
  • Rite Aid Pharmacy 8052 NY-12, Barneveld, NY 13304
  • Walgreens Pharmacy 8052 NY-12, Barneveld, NY 13304

Frequently Asked Questions

What type of property is this?
Drug store - 2004-built Walgreens NNN property with a lease extended through July 2045.
Where is this drug store located?
The property is located at 8052 State Route 12 Barneveld, NY.
What are key features of this property?
This property features: Walgreens property built in 2004 with approximately 14,580 rentable SF on an approximately 1.68‑acre parcel; 23.6‑year triple‑net (NNN) lease commenced Nov 1, 2004; Lease extended through 07/18/2045
More about this property
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