Walgreens Drug
For Sale
Contact for pricing
2140 Saranac Avenue, Lake Placid, NY 12946
Absolute NNN structure includes renewal options, with the first option exercised early.
Property SizeContact for details
Days on Market142
Property Features for 2140 Saranac Avenue
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Gross Income
$208,296
Building Details
Tenancy
Single
Listing Agency:
The Royston Group
Listed By:
Gregory Cortese · License #CA 757153
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:02AM
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 Royston Group
Investment Insights
Based on property information with market context.
The Walgreens drug store property is located at 2140 Saranac Avenue in Lake Placid, New York. The property is also identified as a former Rite Aid location.
The offering includes an absolute NNN lease with renewal option periods. The first option to renew was exercised early, providing a defined lease-status detail for review.
The offering includes an absolute NNN lease with renewal option periods. The first option to renew was exercised early, providing a defined lease-status detail for review.
Key Highlights
- Walgreens drug store property at 2140 Saranac Avenue, Lake Placid, NY 12946
- Absolute NNN lease structure
- Renewal option periods included
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
74k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 33%
Apparel 30%
Dining 17%
Shops & Services 8%
Hannaford
Groceries
24,818 visits/mo
0.3 miles
Marshalls
Apparel
20,745 visits/mo
0.4 miles
McDonald's
Dining
12,751 visits/mo
0.1 miles
Family Dollar
Shops & Services
5,690 visits/mo
0.4 miles
Aubuchon Hardware
Home Improvements & Furnishings
5,208 visits/mo
0.5 miles
Demographics for 12946, NY
5,217
Population
3,923
Households
1.3
Avg Household Size
46
Median Age
46%
College-Educated
94%
High-School Grad
137.2 sq mi
ZIP Area
38
Density / Sq Mi
$78,261
Median Household Income
$38,845
Median Earnings
$982
Median Rent
$443,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN structure includes renewal options, with the first option exercised early.
Where is this drug store located?
The property is located at 2140 Saranac Avenue Lake Placid, NY.
What are key features of this property?
This property features: Walgreens drug store property at 2140 Saranac Avenue, Lake Placid, NY 12946; Absolute NNN lease structure; Renewal option periods included
