Corporate-Leased Walgreens
For Sale
Contact for pricing
Pending
109 Hillside Ave., New Hyde Park, NY 11040
Walgreens is on a corporate absolute NNN lease with 7 years remaining and an S&P BBB credit rating.
Property SizeContact for details
Days on Market123
Property Features for 109 Hillside Ave.
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners New York
(973) 632-1386
Listed By:
Britt Raymond · License #NY 10491212709
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 11 at 6:35PM
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
Investment Insights
Based on property information with market context.
This for-sale Walgreens is offered as a corporate absolute NNN leasehold. The property is secured by a tenant with an S&P BBB credit rating, with approximately 7 years remaining on the lease term. The building totals 11,278 SF.
Located at 109 Hillside Ave. in New Hyde Park, NY, the asset is positioned for straightforward long-term occupancy under the existing lease structure.
The offering is presented as an NNN investment, with leasehold ownership focused on the durability of the corporate tenant arrangement and remaining term.
Located at 109 Hillside Ave. in New Hyde Park, NY, the asset is positioned for straightforward long-term occupancy under the existing lease structure.
The offering is presented as an NNN investment, with leasehold ownership focused on the durability of the corporate tenant arrangement and remaining term.
Key Highlights
- Walgreens property in Metro NYC on a corporate absolute NNN lease
- 7 years remaining on the corporate absolute NNN leasehold
- Approximately 11,278 SF
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,179
Businesses Nearby
208k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Shops & Services 33%
Apparel 15%
Dining 12%
Stop & Shop
Groceries
76,186 visits/mo
0.2 miles
Old Navy
Apparel
30,649 visits/mo
0.3 miles
Five Below
Shops & Services
19,795 visits/mo
0.3 miles
Panera Bread
Dining
19,167 visits/mo
0.3 miles
Mobil
Shops & Services
14,066 visits/mo
0.3 miles
Demographics for 11040, NY
43,075
Population
14,608
Households
2.9
Avg Household Size
45
Median Age
56%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
8,974
Density / Sq Mi
$153,511
Median Household Income
$70,649
Median Earnings
$2,388
Median Rent
$795,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Walgreens is on a corporate absolute NNN lease with 7 years remaining and an S&P BBB credit rating.
Where is this drug store located?
The property is located at 109 Hillside Ave. New Hyde Park, NY.
What are key features of this property?
This property features: Walgreens property in Metro NYC on a corporate absolute NNN lease; 7 years remaining on the corporate absolute NNN leasehold; Approximately 11,278 SF
