You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Drug stores

10 Young St Tonawanda, NY 14150

13,905 SF
Entity Owned 5-yr Hold
Property ID
US63-1379043
Property summary
AI-generated overview

Subject property is located at 10 Young St. Tonawanda, NY. Walgreens has a NN lease with an original term of 49 years. There are approx. 22 years remaining on the term. **Beginning in 2027, Walgreens has the right to terminate the lease every 5 years. Landlord is responsible for the roof and structure. The retail building is 13,905 +/sf built in 1996 on 1.9 AC. The site is located in the heart of the Tonawanda retail district near the intersecting bridges of Tonawanda and North Tonawanda. Landlord has an exclusive on 500ft to the property and Walgreens has a first right of refusal with a 10 day response upon receipt. Tonawanda is located in Erie County, NY and part of the Buffalo Niagara Falls Metro Area. Buffalo is the second largest city in the state of New York. The state of New York is the largest employer to the city of Buffalo, employing over 15,000 people. Other top employers include, Kaleida Health, M&T Bank, the University of Buffalo, General Motors and Tops Friendly Markets. Rent Schedule: 1/25/1997 – 1/31/2047 $150,000 (Annually) Walgreens Termination Option Dates: 1/31/2027 1/31/2032 1/31/2037 1/31/2042

Property profile
Verified
Property type Drug stores
Total area 13,905 SF
UPID US63-1379043
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • COVID-19 Drive-Thru Testing at Walgreens Medical Laboratory
  • FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tonawanda Ny Real Estate LLC · 5 yrs held
Tonawanda Ny Real Estate LLC
since 2021
1 recorded transaction
2021
$2.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message