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Walgreens | Corp Abs NNN w/ Incrs 12 Park Dr 13,813 SF Retail Building Hornell, NY 14843 $7,175,175 CAD ($519.45 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Recent Lease Extension | Corporate Signed | Rental Increases |Investment Grade Tenant (S&P: BBB)
- Signalized, Hard Corner Intersection | Drive-Thru Equipped | Strong National/Credit Tenants | Hornell Railroad Centre
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Direct Consumer Base | Strong Demographics in 5-Mile Trade Area
EXECUTIVE SUMMARY
• Recently extended their lease through March 2034, demonstrating their long-term commitment to the site
• Lease features rental increases in 2025 and 2030, generating NOI and providing a hedge against inflation
• Headquartered in Deerfield, IL, Walgreens operates more than 9,000 stores across all 50 states
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 460600-166-006-0007-046-101 | Improvements Assessment | $3,007,416 CAD |
| Land Assessment | $177,650 CAD | Total Assessment | $3,185,066 CAD |
PROPERTY TAXES
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Walgreens | Corp Abs NNN w/ Incrs | 12 Park Dr
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