Net-Leased CVS
For Sale
Contact for pricing
74 Main Ave, Wynantskill, NY 12198
Net-leased CVS on a major thoroughfare with newly paved parking and limited landlord obligations.
Property SizeContact for details
Days on Market121
Property Features for 74 Main Ave
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 4:34PM
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 The Kase Group
Investment Insights
Based on property information with market context.
This offering is a net-leased CVS/pharmacy property in Upstate New York. The lease includes minimal landlord obligations, with scheduled rental increases tied to four 5-year options. The landlord is responsible for the roof, structure, and parking surface, and the parking lot has been newly paved.
The property is situated on a major commercial thoroughfare and is surrounded by major retailers, including McDonald’s, Dunkin’ Donuts, and Family Dollar. The remarks also describe additional income through management fees and CAM reimbursement from both the tenant and the tenant of an adjacent property that shares parking with the subject site.
According to the remarks, the tenant recently extended the lease, reflecting commitment to the location. The offering is described as having S&P-rated BBB+ credit and an investment-grade profile.
The property is situated on a major commercial thoroughfare and is surrounded by major retailers, including McDonald’s, Dunkin’ Donuts, and Family Dollar. The remarks also describe additional income through management fees and CAM reimbursement from both the tenant and the tenant of an adjacent property that shares parking with the subject site.
According to the remarks, the tenant recently extended the lease, reflecting commitment to the location. The offering is described as having S&P-rated BBB+ credit and an investment-grade profile.
Key Highlights
- CVS/pharmacy net leased offering with scheduled rental increases at each of four 5‑year options
- Minimal landlord obligations: landlord responsible for roof, structure, and parking surface
- Newly paved parking lot
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
46k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 30%
Home Improvements & Furnishings 7%
McDonald's
Dining
16,760 visits/mo
0.4 miles
Dunkin' Donuts
Dining
8,243 visits/mo
0.4 miles
Hoffman Car Wash
Shops & Services
5,846 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,594 visits/mo
0.5 miles
SUBWAY
Dining
3,659 visits/mo
0.5 miles
Demographics for 12198, NY
7,548
Population
3,069
Households
2.5
Avg Household Size
44
Median Age
42%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
572
Density / Sq Mi
$113,042
Median Household Income
$60,244
Median Earnings
$1,184
Median Rent
$282,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Drug store - Net-leased CVS on a major thoroughfare with newly paved parking and limited landlord obligations.
Where is this drug store located?
The property is located at 74 Main Ave Wynantskill, NY.
What are key features of this property?
This property features: CVS/pharmacy net leased offering with scheduled rental increases at each of four 5‑year options; Minimal landlord obligations: landlord responsible for roof, structure, and parking surface; Newly paved parking lot
