1929 Us-20 Waterloo, NY 13165

This exceptional investment opportunity presents a fee-simple, Class A, 14,763 square-foot Walgreens located at 1929 US-20, Waterloo, NY 13165. The property boasts a prominent corner location on 1.3 acres, offering excellent visibility and accessibility within Waterloo's main retail corridor. Built in 2013, this single-tenant, absolute NNN leased property features a drive-thru and benefits from a credit-rated, corporate guarantee from Walgreens. The current lease, commencing July 1, 2010, has a remaining term of 5.6 years, with a total lease term of 20 years and six 5-year renewal options, including rent bumps. The property generates a strong NOI of $649,485, representing an 8.12% cap rate at an asking price of $7,995,000 ($541.56/sq ft). The property enjoys 100% occupancy since its opening on July 1, 2010, and is situated near other major retailers including Walmart Supercenter, Aldi, Tops Grocery Store, and McDonald's. Seller financing is available. This is a rare opportunity to acquire a stable, high-performing investment with a strong tenant and significant remaining lease term.