Single-Tenant Drug Store
For Sale
Contact for pricing
Pending
665 Long Pond Rd, Rochester, NY 14612
Part of a 7-asset NNN drug store portfolio leased to Walgreens and CVS.
Days on Market110
Property Features for 665 Long Pond Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 29 at 2:31PM
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 offering is part of a larger New York Drug Store Portfolio marketed by CBRE Net Lease Property Group. The Portfolio consists of seven drug store assets, each encumbered by individual NNN leases with Walgreens and CVS.
The Portfolio is presented with year-one net operating income (NOI) of $2,306,100 and a weighted average of approximately 13.7 years of lease term remaining. Assets are positioned throughout Upstate New York and include Walgreens locations in Greece, Niagara Falls, North Tonawanda, Grand Island, Perry, and Palatine Bridge, along with a CVS location in Orchard Park.
For sale, the Portfolio listing includes the property at 665 Long Pond Rd, Rochester, NY 14612.
The Portfolio is presented with year-one net operating income (NOI) of $2,306,100 and a weighted average of approximately 13.7 years of lease term remaining. Assets are positioned throughout Upstate New York and include Walgreens locations in Greece, Niagara Falls, North Tonawanda, Grand Island, Perry, and Palatine Bridge, along with a CVS location in Orchard Park.
For sale, the Portfolio listing includes the property at 665 Long Pond Rd, Rochester, NY 14612.
Key Highlights
- Part of a 7‑asset NNN drug store portfolio leased to Walgreens and CVS.
- Portfolio year‑one NOI: $2,306,100.
- Weighted average lease term remaining of ±13.7 years.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
265k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 34%
Dining 34%
Shops & Services 25%
Home Improvements & Furnishings 5%
Wegmans
Groceries
63,181 visits/mo
0.3 miles
Aldi
Groceries
26,131 visits/mo
0.3 miles
McDonald's
Dining
24,753 visits/mo
0.4 miles
Starbucks
Dining
17,866 visits/mo
0.3 miles
ESL Federal Credit Union
Shops & Services
13,712 visits/mo
0.5 miles
Demographics for 14612, NY
34,844
Population
16,063
Households
2.2
Avg Household Size
47
Median Age
36%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
2,026
Density / Sq Mi
$81,598
Median Household Income
$46,250
Median Earnings
$1,069
Median Rent
$187,500
Median Home Value
Market
Vacancy Rate% for Retail in Rochester, NY
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Frequently Asked Questions
What type of property is this?
Drug store - Part of a 7-asset NNN drug store portfolio leased to Walgreens and CVS.
Where is this drug store located?
The property is located at 665 Long Pond Rd Rochester, NY.
What are key features of this property?
This property features: Part of a 7‑asset NNN drug store portfolio leased to Walgreens and CVS.; Portfolio year‑one NOI: $2,306,100.; Weighted average lease term remaining of ±13.7 years.
