Listing Agency: Pharma Property Group Show Phone

Listed By: Jason Pongsrikul · License #CA 01918332

Source: Crexi

Added: Apr 10 Changed: Jul 21 Last Checked: Jul 23 at 1:59PM

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Investment Insights

Based on property information with market context.

This for-sale retail property is presented as a single commercial asset with a stated total area of 10,908 SF. The offering includes a stated 6.65% CAP figure.

The property is located at 7939 Brewerton Road in Cicero, NY 13039.

Key Highlights

• Retail building offered for sale with 10,908 SF total area
• Stated 6.65% cap rate

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Michael E. Mccauley, ... Pharmacy Amanda M. Rebmann, ... Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Electrical Service HVAC Service Grocery & Convenience Store

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

507

Businesses Nearby

544k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 36% Shops & Services 19% Groceries 17% Home Improvements & Furnishings 12%

Walmart Superstores

117,130 visits/mo 0.4 miles

Target Superstores

80,234 visits/mo 0.4 miles

Wegmans Groceries

59,823 visits/mo 0.1 miles

Marshalls Apparel

45,849 visits/mo 0.1 miles

Five Below Shops & Services

34,862 visits/mo 0.1 miles

Demographics for 13039, NY

17,485

Population

7,241

Households

2.4

Avg Household Size

44

Median Age

38%

College-Educated

96%

High-School Grad

23.6 sq mi

ZIP Area

741

Density / Sq Mi

$108,694

Median Household Income

$55,445

Median Earnings

$1,055

Median Rent

$228,800

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail building offered for sale with stated 10,908 SF total area and a 6.65% cap rate.

Where is this retail space located?

The property is located at 7939 Brewerton Road Cicero, NY.

What are key features of this property?

This property features: Retail building offered for sale with 10,908 SF total area; Stated 6.65% cap rate