7600 NY-32 Cairo, NY 12413
The Kase Group is excited to offer a prime investment opportunity with a well-established CVS location in Cairo, New York, featuring an absolute NNN lease. The tenant has successfully exercised their first renewal option and retains five additional 5-year options. This lease is corporately guaranteed by CVS with zero landlord obligations. The site benefits from its strategic positioning near Route 23 and Route 32, attracting over 20,000 vehicles daily, which enhances both access and visibility. It is conveniently located across from Hannaford, the area’s primary grocery store, and is surrounded by various well-known tenants, including Cumberland Farms, Mateo's Pizza, Best Wok, Dunkin' Donuts, Ace Hardware, Exxon, McDonald's, Family Dollar and more. Location Description At the Crossroads of the Catskills, Cairo is a rural community in Greene County, located about 35 miles South of Albany and ten miles West of the Hudson River. Cairo is an ideal place to live and work. Enjoy breath-taking views, extraordinary landscapes combined with cultural and economic expansion including the New Town Library, Hannaford Supermarket, Town Park.
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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