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Freestanding NNN Property
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128 N Center St, Perry, NY 14530

Walgreens occupies the standalone retail facility under an NNN lease with renewal options remaining.

Property Size11,220 SF
Lot Size1.90 Acres
Days on Market143

Property Features for 128 N Center St

General Information

Standard status Active
Size 11,220 SF
Lot size 1.90 Acres
Property subtype Retail

Building Details

Year Built 1998
Buildings 1
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Chris Bosworth · License #GA 248342
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:09AM

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 CBRE - Atlanta

Investment Insights

Based on property information with market context.

This freestanding retail building contains 11,220 square feet on a 1.90-acre parcel and is occupied by Walgreens under an NNN lease. The lease has approximately 7.1 years remaining, along with three 5-year renewal options and a 12% contractual increase scheduled for 2030.

Constructed in 1998 for Rite Aid, the property transitioned to Walgreens operations in 2018. Walgreens exercised its first two renewal options in 2019. The site is located at 128 N Center St in Perry, New York, and is the only Walgreens within a 7-mile radius.

Key Highlights

  • 11,220‑square‑foot freestanding retail building on 1.90 acres
  • Walgreens occupancy under an NNN lease
  • Approximately 7.1 years of lease term remaining

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy David A. Lewandowski, RPH Pharmacy Donald J. Reiman, ... Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Law Firm Storage Facility

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 14530, NY

6,583
Population
2,808
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
82%
High-School Grad
50.5 sq mi
ZIP Area
130
Density / Sq Mi
$66,168
Median Household Income
$35,153
Median Earnings
$745
Median Rent
$131,900
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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Frequently Asked Questions

What type of property is this?
NNN property - Walgreens occupies the standalone retail facility under an NNN lease with renewal options remaining.
Where is this nnn property located?
The property is located at 128 N Center St Perry, NY.
What are key features of this property?
This property features: 11,220‑square‑foot freestanding retail building on 1.90 acres; Walgreens occupancy under an NNN lease; Approximately 7.1 years of lease term remaining
(585) 784-3638 Call to check price and availability
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