Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant net-leased Walgreens property located at 4357 NY-150, West Sand Lake, NY 12196, within the Albany MSA. The 14,564 square foot building, constructed in 2005 and renovated in 2018 by Walgreens, sits on a 2.28-acre lot and boasts a drive-thru pharmacy. The property benefits from its high-traffic location along NY Highway 150, experiencing over 13,061 vehicles per day. The Walgreens lease, with a corporate guarantee, extends to October 31, 2029, offering 4.9 years remaining and six 5-year renewal options with rent bumps (Options 1&3: 10%
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
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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