202 Broad St Glens Falls, NY 12801-4146

This exceptional investment opportunity presents a 14,820 square foot Walgreens located at 202 Broad St, Glens Falls, NY 12801. Built in 2009, this single-story building boasts a highly visible, signalized corner location with multiple points of access, including a drive-thru, curbside pickup, and delivery services. The property features a 25.4-year absolute triple-net (NNN) lease, offering a truly passive investment with zero landlord responsibilities. With 9.5 years remaining on the lease (expiring 05/31/2034), the property offers a compelling 7.13% cap rate and a price per square foot of $404.86. The asking price is $6,000,000. Benefiting from strong medical drivers, the location is situated near Glens Falls Hospital, a 410-bed community hospital with 28 off-campus facilities, as well as other medical providers including Wellnow Urgent Care, Gateway Dermatology, and Adirondack Oral and Maxillofacial Surgery. This is a rare chance to acquire a stable, high-performing retail asset in a desirable location with significant long-term potential.