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Kinney Drug - Brewerton, NY 9543 Brewerton Rd 13,200 SF Retail Building Brewerton, NY 13029 $3,633,742 CAD ($275.28 CAD/SF) 8% Cap Rate



Investment Highlights
- Strategic Location Positioned to Benefit from Micron’s $100 Billion Megafab Development
- Low-Management NNN Lease – Minimal Landlord Responsibilities
- One of Kinney Drugs’ Highest-Performing Locations Nationwide – Per Placer.ai Data
- Full Corporate Lease Guarantee – Backed by Kinney Drugs’ Parent Company
- Premier Retail Location – Strong Accessibility and Visibility
- Over 28 Years at This Location – Demonstrated Commitment Through Multiple Option Exercises
Executive Summary
Near Micron’s New $100 Billion Semiconductor Megafab
Malchus Real Estate is pleased to present the exclusive offering of 9543 Brewerton Road, Brewerton, NY 13029, a well-positioned net lease investment opportunity located within one of Upstate New York’s most significant emerging economic corridors.
The property is located less than five miles from Micron’s planned $100 billion semiconductor megafab in Clay, New York, (In Development) a transformational development expected to drive substantial long-term job creation, infrastructure investment, and economic growth throughout the greater Syracuse market.
The property is secured by a corporate-guaranteed lease, providing investors with stable and reliable income. The lease is structured on a triple-net (NNN) basis, with the tenant responsible for taxes, insurance, and property maintenance. Landlord responsibilities are limited primarily to the roof and structure, providing for a largely passive ownership structure.
Strategically positioned along Brewerton Road, the property benefits from excellent visibility and accessibility, as well as convenient access to Interstate 81. The location serves both local and regional traffic and is positioned to benefit from the continued public and private investment occurring throughout the surrounding Syracuse metropolitan area.
This offering provides investors with the opportunity to acquire a corporate-backed net lease asset with a long operating history in a rapidly expanding market, strategically located near one of the largest semiconductor manufacturing investments in U.S. history.
Malchus Real Estate is pleased to present the exclusive offering of 9543 Brewerton Road, Brewerton, NY 13029, a well-positioned net lease investment opportunity located within one of Upstate New York’s most significant emerging economic corridors.
The property is located less than five miles from Micron’s planned $100 billion semiconductor megafab in Clay, New York, (In Development) a transformational development expected to drive substantial long-term job creation, infrastructure investment, and economic growth throughout the greater Syracuse market.
The property is secured by a corporate-guaranteed lease, providing investors with stable and reliable income. The lease is structured on a triple-net (NNN) basis, with the tenant responsible for taxes, insurance, and property maintenance. Landlord responsibilities are limited primarily to the roof and structure, providing for a largely passive ownership structure.
Strategically positioned along Brewerton Road, the property benefits from excellent visibility and accessibility, as well as convenient access to Interstate 81. The location serves both local and regional traffic and is positioned to benefit from the continued public and private investment occurring throughout the surrounding Syracuse metropolitan area.
This offering provides investors with the opportunity to acquire a corporate-backed net lease asset with a long operating history in a rapidly expanding market, strategically located near one of the largest semiconductor manufacturing investments in U.S. history.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,200 SF
Building Class
B
Year Built/Renovated
1998/2000
Price
$3,633,742 CAD
Price Per SF
$275.28 CAD
Cap Rate
8%
NOI
$290,699 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.97 AC
Zoning
RC - Regional Commercial
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
- Monument Signage
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 312289-116-000-0001-006-001-0000 | Improvements Assessment | $1,198,110 CAD |
| Land Assessment | $179,599 CAD | Total Assessment | $1,377,709 CAD |
Property Taxes
Parcel Number
312289-116-000-0001-006-001-0000
Land Assessment
$179,599 CAD
Improvements Assessment
$1,198,110 CAD
Total Assessment
$1,377,709 CAD
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Kinney Drug - Brewerton, NY | 9543 Brewerton Rd
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