Walgreen's

10,500 SF | Retail Building | Shirley, NY 11967 | $8,420,000 ($802/SF) | 6% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $8,420,000

Property Type
Retail
Square Feet
10,500 SF
Price / Square Foot
$802

Listing Contacts

Isaac Matayev
Isaac Matayev
Verified Profile
  • Property Info

Property Overview

Free Standing Retail Building with Drive-Thru in Suffolk County
Absolute NNN Lease – Zero Landlord Responsibilities
Corporate Guarantee to Walgreens Co. (S&P: “BBB”)
Remainder of 11 Years on Original 25-Year Lease Term. The tenant has (2) 25 year renewal options
Leading Market Provider & Essential Retailer

Property Details

Class
B
Year Built
2011
Stories
1
Property Subtype
Drug Store

Highlights

  • Free Standing Retail Building
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • 50 Parking Spaces

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