This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Walgreens 4061 State Route 104

14,690 SF Retail Building Williamson, NY 14589 $4,675,000 ($318/SF) 7.59% Cap Rate

INVESTMENT HIGHLIGHTS

  • Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
  • Corporately Guaranteed Lease | Walgreens is the 18th Ranked Company in the Fortune 500
  • Close Proximity to Interstate Highway | Located on NY-104
  • Signalized Corner Location | State Route 104 & Cole Street West Intersection Sees Over 15,000 Vehicles Per Day
  • Prominent Pharmacy Operator | Walgreens Has Around 9,000 Locations
  • National Retailers Located Nearby | Burger King, McDonald's, Speedway, Chase Bank, and Many More

EXECUTIVE SUMMARY

SAB Capital is pleased to present Walgreens in Williamson, NY, located 21 miles east of Rochester. The tenant, Walgreens, is subject to an absolute triple net (NNN) lease with zero landlord responsibilities. This property is located along NY-104 which see 15,489 vehicles per day.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,690 SF
Building Class
B
Year Built/Renovated
2003/2012
Price
$4,675,000
Price Per SF
$318
Cap Rate
7.59%
NOI
$355,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.36 AC
Zoning
C1
Parking
99 Spaces (6.74 Spaces per 1,000 SF Leased)
Frontage
135 FT on New York 104

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
544600 65117-08-910873
Land Assessment
$200,000
Improvements Assessment
$4,650,000
Total Assessment
$4,850,000
  • Listing ID: 32502938

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 4061 State Route 104, Williamson, NY 14589

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}