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Leased Drug Store NNN
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Pending

1000 Pennsylvania Ave, Elmira, NY 14904

Rite Aid drug store with remaining 9.5 years on a NNN lease, located just off US-14 in Elmira.

Property SizeContact for details
Days on Market121

Property Features for 1000 Pennsylvania Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: SVN | Stora Realty
Listed By: Steven Stoehrer · License #NY 31ST1012361
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 3:10PM

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 SVN | Stora Realty

Investment Insights

Based on property information with market context.

SVN Stora Realty presents a leased Rite Aid drug store at 1000 Pennsylvania Ave, Elmira, NY. The store has been open for 21 years and features 9.5 years remaining on the lease. Lease payments are indicated at $16.13 per square foot on an NNN basis.

The property is located just off US-14 and is approximately five minutes from St. Joseph’s Hospital. The surrounding area includes major retailers such as Walgreens, McDonald’s, Domino’s, and Family Dollar.

This offering is presented as an NNN retail investment with a long-standing pharmacy tenant and meaningful remaining lease term.

Key Highlights

  • Rite Aid store in Elmira, NY with 9.5 years remaining on the lease
  • NNN lease with rent listed at $16.13 per sq ft
  • Located just off US‑14 in Elmira

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Electrical Service Dental Office Gym & Fitness Center

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 36%
Dunkin' Donuts Dining
14,286 visits/mo 0.4 miles
Family Dollar Shops & Services
6,322 visits/mo 0.4 miles
Chemung Canal Trust Company Shops & Services
1,835 visits/mo 0.2 miles

Demographics for 14904, NY

15,102
Population
7,629
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
6.4 sq mi
ZIP Area
2,360
Density / Sq Mi
$54,563
Median Household Income
$35,128
Median Earnings
$1,005
Median Rent
$87,200
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
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Similar Off Market Nearby

  • Rite Aid Pharmacy 1000 Penna Ave, Elmira, NY 14904

Frequently Asked Questions

What type of property is this?
Drug store - Rite Aid drug store with remaining 9.5 years on a NNN lease, located just off US-14 in Elmira.
Where is this drug store located?
The property is located at 1000 Pennsylvania Ave Elmira, NY.
What are key features of this property?
This property features: Rite Aid store in Elmira, NY with 9.5 years remaining on the lease; NNN lease with rent listed at $16.13 per sq ft; Located just off US‑14 in Elmira
(631) 848-6694 Call to check price and availability
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