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Walgreens 416 Windsor Hwy 14,550 SF Retail Building New Windsor Township, NY 12553 $12,772,668 CAD ($877.85 CAD/SF) 6.32% Cap Rate
INVESTMENT HIGHLIGHTS
- Long term, absolute triple net lease
- Very busy location near two signalized intersection and between 3 supermarkets
- Strong demographics
- Rent increases in base term and options
- Approx. 600 feet from three supermarket’s: Shop Rite, Hannaford & Price Chopper
- Affluent Orange County / Hudson Valley location
EXECUTIVE SUMMARY
HMX Realty Advisors exclusively presents for sale a long term, absolute triple net Walgreens in Vails Gate, NY. Vails Gate is
located in Orange County, NY, part of the Hudson Valley. This property is ideally located on a busy road near two
signalized intersection. In addition, it is less than 600 feet in each direction from 3 supermarkets, a Shop Rite, Hannaford
and Price Chopper which is very rare. The property is located in a busy shopping corridor and has an average of over
18,000 cars per day at the intersection of Hwy 32 & Windsor Hwy.
Average household income within 3-miles of the property is $114,000+ with over 75,000 people in a 5-mile radius. Total
consumer spending within 3-miles was over $472m and over $927m in 5-miles.
located in Orange County, NY, part of the Hudson Valley. This property is ideally located on a busy road near two
signalized intersection. In addition, it is less than 600 feet in each direction from 3 supermarkets, a Shop Rite, Hannaford
and Price Chopper which is very rare. The property is located in a busy shopping corridor and has an average of over
18,000 cars per day at the intersection of Hwy 32 & Windsor Hwy.
Average household income within 3-miles of the property is $114,000+ with over 75,000 people in a 5-mile radius. Total
consumer spending within 3-miles was over $472m and over $927m in 5-miles.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
14,550 SF
Building Class
B
Year Built
2011
Price
$12,772,668 CAD
Price Per SF
$877.85 CAD
Cap Rate
6.32%
NOI
$807,692 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.70 AC
Zoning
C - Commercial
Parking
89 Spaces
Frontage
AMENITIES
- Corner Lot
- Signalized Intersection
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
1 of 2
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Walgreens | 416 Windsor Hwy
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