325 Walt Whitman Rd Huntington Station, NY 11746-4149
- Grocery and convenience stores
- 1.90 lot acres
Mar 20, 2025
Current Use by Public Records
- Walgreens Photo / Photo Shop / Passport Photo Processor
- Walgreens Pharmacy / Pharmacy
- Walgreens / Greeting Card Shop / Perfume Store
Property Details for 325 Walt Whitman Rd
- Lot size
- 1.90 lot acres
- Zone code
- C8
- Property type
- Grocery and convenience stores
- APN
- 0400-232.00-07.00-012.000
- APU
- 400232000700012000
Description
This exceptional investment opportunity presents a 18,298 square foot, single-tenant, free-standing Walgreens located at 325 Walt Whitman Road in Huntington Station, New York. The property sits on a 1.69-acre lot and boasts over 320 feet of frontage along Walt Whitman Road, a high-traffic area with over 35,000 cars passing daily. The building is a single-story structure with 100% occupancy under a long-term, absolute NNN lease with Walgreens Boots Alliance Inc. (WBA), a publicly traded company with a strong credit rating ("BB" by S&P Global Ratings) and annual revenues exceeding $145 billion. The lease, extending to January 31, 2043, includes three renewal options, providing significant long-term stability. The tenant is responsible for all property taxes, insurance, and maintenance, including roof and structural repairs. This prime location is directly across from the Huntington Shopping Center, anchored by major retailers like Whole Foods, REI, and others, and is also near the Walt Whitman Shops. The asking price for this exceptional investment is $8,250,000. This is a rare opportunity to acquire a high-performing, low-maintenance asset with a blue-chip tenant in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Huntington Station
- County
- Suffolk
- State
- New York
- Longitude
- -73.4111
- Latitude
- 40.8156
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
