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250 State Route 104
Oswego, NY 13126
Walgreens · Retail Property For Sale
Executive Summary
Built in 2008, this building is 14,673 square feet, situated on 1.97 acres. Walgreens has approximately 7 remaining on its initial 25-year absolute triple-net (NNN) lease with five (5) five-year renewal options. The base rent is $659,908 for 8 years with rental increases. This store is in the primary retail corridor of Oswego, NY. Nearby national and regional retailers include Walmart, Lowe’s, Price Chopper, ALDI, Texas Roadhouse, McDonald’s, Tractor Supply, Burger King, Wendy’s, Key Bank and more. More than 20,000 vehicles per day pass along Route 104. The building is also strategically positioned at a signalized intersection for maximum visibility of and easy access to the store. The location is only 2 miles away from the 164-bed Oswego Hospital and 2.8 miles away from the SUNY Oswego university campus with over 7,000 students enrolled.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,552 SF
Building Class
B
Year Built
2008
Price
$11,254,980 CAD
Price Per SF
$830.50 CAD
Cap Rate
8%
NOI
$900,273 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
15’
Building FAR
0.16
Lot Size
1.97 AC
Opportunity Zone
Yes
Zoning
CB - Retail Trade
Parking
50 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
1 of 7
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