Freestanding Walgreens with
For Sale
Contact for pricing
27 Round Lake Road, Ballston Lake, NY 12019
Absolute NNN Walgreens pharmacy is housed in a single-story freestanding building with a drive-through and parking.
Property Size14,375 SF
Lot Size7.96 Acres
Days on Market122
Property Features for 27 Round Lake Road
General Information
Standard status
Active
Size
14,375 SF
Total Parking Spaces
72
Lot size
7.96 Acres
Property subtype
Retail
Site & Location
Traffic Count
15,563 vehicles/day
Highway Access
Yes
Building Details
Stories
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Michael A Cardone · License #NY 10401311477
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 2:41AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This absolute net (NNN) leased Walgreens pharmacy is located in a single-story freestanding structure on a 7.96-acre parcel with 72 parking spaces and a drive-through component. The property has nearly six years remaining on its base term, with base expiration in June 2025, and includes four, five-year extension options featuring a 2.5% rent increase.
The lease is corporately guaranteed by Walgreens Boots Alliance. The property is positioned for visibility at a newly constructed roundabout connecting Round Lake Road and Raylinsky Road, less than one-quarter mile from on- and off-ramps for Interstate 87. It is adjacent to Malta Mall anchored by Hannaford supermarket, and across from Bishop’s Square, a planned development district that includes a recently constructed Stewart’s Shops gas station, Mabey’s Self Storage, and an 11,000-square-foot retail building that recently broke ground.
As a fully leased, corporately guaranteed Walgreens asset, the property is offered for sale as an NNN investment with limited landlord responsibilities during the lease term.
The lease is corporately guaranteed by Walgreens Boots Alliance. The property is positioned for visibility at a newly constructed roundabout connecting Round Lake Road and Raylinsky Road, less than one-quarter mile from on- and off-ramps for Interstate 87. It is adjacent to Malta Mall anchored by Hannaford supermarket, and across from Bishop’s Square, a planned development district that includes a recently constructed Stewart’s Shops gas station, Mabey’s Self Storage, and an 11,000-square-foot retail building that recently broke ground.
As a fully leased, corporately guaranteed Walgreens asset, the property is offered for sale as an NNN investment with limited landlord responsibilities during the lease term.
Key Highlights
- Absolute NNN leased single‑story Walgreens with a drive‑through, 14,375 SF freestanding building
- 7.96‑acre parcel with 72 parking spaces and a drive‑thru component
- Lease has nearly 6 years remaining on base term; base expires June 2025 with four, five‑year extension options and 2.5% rent increases
Property Analytics
Current Use
Lease Details
15,563 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Shops & Services 25%
Dining 21%
Hannaford
Groceries
22,165 visits/mo
0.3 miles
Sunoco
Shops & Services
10,282 visits/mo
0.2 miles
Dunkin' Donuts
Dining
8,616 visits/mo
0.1 miles
Demographics for 12019, NY
15,826
Population
6,911
Households
2.3
Avg Household Size
45
Median Age
54%
College-Educated
97%
High-School Grad
28.5 sq mi
ZIP Area
555
Density / Sq Mi
$116,329
Median Household Income
$63,121
Median Earnings
$1,191
Median Rent
$381,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hannaford Pharmacy — 43 Round Lake Rd, Ballston Lake, NY 12019
- Rite Aid — 27 Round Lake Rd, Ballston Lake, NY 12019
- COVID-19 Drive-Thru Testing at Walgreens — 27 Round Lake Rd, Ballston Lake, NY 12019
- Walgreens Pharmacy — 27 Round Lake Rd, Ballston Lake, NY 12019
- Lindsay Barone — 27 Round Lake Rd, Ballston Lake, NY 120191129
Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN Walgreens pharmacy is housed in a single-story freestanding building with a drive-through and parking.
Where is this drug store located?
The property is located at 27 Round Lake Road Ballston Lake, NY.
What are key features of this property?
This property features: Absolute NNN leased single‑story Walgreens with a drive‑through, 14,375 SF freestanding building; 7.96‑acre parcel with 72 parking spaces and a drive‑thru component; Lease has nearly 6 years remaining on base term; base expires June 2025 with four, five‑year extension options and 2.5% rent increases
