Walgreens Triple-Net Retail
8052 State Route 12 Barneveld, NY 13304
8052 State Route 12, Barneveld, NY, 13304
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For Sale
Contact for pricing
Pending
2004-built Walgreens NNN property with a lease extended through July 2045.
Property Size14,580 SF
Lot Size1.68 Acres
Days on Market103
Property Features for 8052 State Route 12
General Information
- Standard status
- Pending
- Size
- 14,580 SF
- Lot size
- 1.68 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap Brooklyn
Listed by
John Horowitz · License #MA
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 8:14PM Checked: Jul 20 at 8:14PM
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 Brooklyn
Investment Insights
Based on property information with market context.
This Walgreens property was constructed in 2004 and includes approximately 14,580 rentable square feet of building space on an approximately 1.68-acre parcel. The building is leased on a triple-net (NNN) basis to Walgreens.
The current 23.6-year NNN lease commenced November 1, 2004 and has been extended through 07/18/2045. Current annual rent is $304,431, with scheduled increases of approximately 2.2% every five years beginning in 2025.
The current 23.6-year NNN lease commenced November 1, 2004 and has been extended through 07/18/2045. Current annual rent is $304,431, with scheduled increases of approximately 2.2% every five years beginning in 2025.
Key Highlights
- Walgreens property built in 2004 with approximately 14,580 rentable SF on an approximately 1.68‑acre parcel
- 23.6‑year triple‑net (NNN) lease commenced Nov 1, 2004
- Lease extended through 07/18/2045
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar Off Market Nearby
- Walgreens Pharmacy — 8052 NY-12, Barneveld, NY 13304
- Rite Aid Pharmacy — 8052 NY-12, Barneveld, NY 13304
- Hans W. Ernst, Pharm — 8052 NY-12, Barneveld, NY 13304
- James H. Serour, RPh — Barneveld, NY 13304
- Daryl Kasprowicz — 8052 NY-12, Barneveld, NY 133042103
FAQs
What type of property is this?
Drug store - 2004-built Walgreens NNN property with a lease extended through July 2045.
Where is this drug store located?
The property is located at 8052 State Route 12 Barneveld, NY.
What are key features of this property?
This property features: Walgreens property built in 2004 with approximately 14,580 rentable SF on an approximately 1.68‑acre parcel; 23.6‑year triple‑net (NNN) lease commenced Nov 1, 2004; Lease extended through 07/18/2045