16 Route 59
Nyack, NY 10960
17 Years Guaranteed NNN Rent: Walgreens · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,152 SF
Building Class
A
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.72 AC
Zoning
C-2
Parking
66 Spaces (4.45 Spaces per 1,000 SF Leased)
ABOUT 16 ROUTE 59 , NYACK, NY 10960
This Walgreens investment opportunity offers investors one of the longest guaranteed lease terms remaining on the market today, coupled with a track record of VERY STRONG reported sales volumes. Located at the Main and Main intersection in the town of Nyack, just 30 miles north of Manhattan, this location is performing extremely well...no doubt a result of being the only major pharmacy in town near the 391-bed Nyack hospital. While the site benefits from 27,340 cars per day at the intersection, an additional 116,947 vehicles per day pass this site on Interstate 287. Nearby new construction apartments have contributed to the pedestrian traffic and neighboring population density as well.
PROPERTY TAXES
| Parcel Number | 392403-065-036-0001-023-000-0000 | Improvements Assessment | $908,400 |
| Land Assessment | $196,400 | Total Assessment | $1,104,800 |
