Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant Walgreens pharmacy in Williamson, NY. The 14,690-square-foot building, constructed in 2003 and renovated in 2012, sits on a 2.36-acre lot at a signalized corner location on NY-104, experiencing over 15,000 vehicles daily. The property boasts a strong 7.59% cap rate, generating a net operating income (NOI) of $355,000. The absolute triple-net (NNN) lease with Walgreens, a Fortune 500 company, has four years remaining with three, five-year renewal options, ensuring minimal landlord responsibilities. The asking price is $4,675,000, translating to $318.24 per square foot. This prime location benefits from high visibility and proximity to other national retailers, including Burger King, McDonald's, Speedway, and Chase Bank. The property's strong tenant, favorable lease terms, and high-traffic location make it an attractive investment opportunity. The building is a one-story structure with 100% occupancy.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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