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Walgreens Drug Store
For Sale
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5 N Transit St, Lockport, NY 14094

Double-net lease includes seven remaining five-year option periods.

Property SizeContact for details
Days on Market144

Property Features for 5 N Transit St

General Information

Standard status Active
Property subtype Retail
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #IL - 478027307
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:44PM

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 ParaSell Inc

Investment Insights

Based on property information with market context.

This Walgreens drug store is offered with an established double-net lease in place. The lease has completed its first option period and includes seven additional five-year options, providing a defined contractual term structure for the next owner.

The property occupies a hard corner in Lockport, New York, with multiple points of entry and exit. It is located less than 1 mile from Downtown Lockport and is surrounded by other businesses. The site receives exposure to more than 13,000 vehicles per day, adding consistent visibility to the location.

Key Highlights

  • Walgreens drug store with an established double‑net lease
  • Seven remaining 5‑year options after the first option was exercised
  • Hard‑corner location with multiple ingress and egress points

Property Analytics

Current Use

FedEx OnSite Postal Service Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy LibertyX Bitcoin ATM Atm Redbox Cinema

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic Parking Lot & Garage Restaurant Storage Facility

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

851
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
6,801 visits/mo 0.1 miles
7-Eleven Shops & Services
4,515 visits/mo 0.2 miles
Mobil Shops & Services
3,708 visits/mo 0.1 miles
M&T Bank Shops & Services
3,328 visits/mo 0.4 miles
Sunoco Shops & Services
1,482 visits/mo 0.4 miles

Demographics for 14094, NY

50,969
Population
23,283
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
121.7 sq mi
ZIP Area
419
Density / Sq Mi
$73,354
Median Household Income
$45,056
Median Earnings
$869
Median Rent
$186,100
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
Rey
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Similar Off Market Nearby

  • Family Pharmacy Plus 320 S Transit St, Lockport, NY 14094
  • the medicine shoppe pharmacy 320 S Transit St, Lockport, NY 14094
  • Timothy J. Gallegos, RPH 302 S Transit St, Lockport, NY 14094
  • Herb City Smoke Shop 298 S Transit St, Lockport, NY 14094
  • John Frischholz 125 S Transit St, Lockport, NY 140944834

Frequently Asked Questions

What type of property is this?
Drug store - Double-net lease includes seven remaining five-year option periods.
Where is this drug store located?
The property is located at 5 N Transit St Lockport, NY.
What are key features of this property?
This property features: Walgreens drug store with an established double‑net lease; Seven remaining 5‑year options after the first option was exercised; Hard‑corner location with multiple ingress and egress points
(949) 942-6585 Call to check price and availability
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