102 E Schuyler St | Boonville, NY 13309
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- LoopNet Team
102 E Schuyler St
Boonville, NY 13309
Walgreens · Retail Property For Sale
Investment Highlights
- ATTRACTIVE CASH ON CASH RETURN – opportunity to capture significantly higher yield through October of 2023 before the rent reduces to market
- ABSOLUTE NNN – This lease offers zero landlord responsibilities ideal for an investor looking for an extremely passive investment
- LIMITED COMPETITION – This Walgreens is located in the heart of Boonville and is the only national drug store in the town.
- RECENTLY EXTENDED LEASE – Walgreens exercised an option early proving their commitment.
- INVESTMENT GRADE CREDIT TENANT – Rent is guaranteed by Walgreens Corporate, boasting an S&P credit rating of BBB
- PANDEMIC PROOF / ESSENTIAL RETAILER – Walgreens has proved its resilience through the Covid-19 Pandemic
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,824 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.48 AC
Zoning
C2
Parking
80 Spaces (7.39 Spaces per 1,000 SF Leased)
Frontage
230 FT on Main Street and Schuyler
Amenities
- Drive Thru
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