202 Broad St | Glens Falls, NY 12801
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202 Broad St
Glens Falls, NY 12801
Walgreens · Retail Property For Sale
Investment Highlights
- Absolute Triple Net (NNN) Lease Which Allows For a True Passive Investment With Zero Landlord Responsibilities
- Full-Service Location With Drive-Thru; The Store Also Offers Curbside Pickup and Deliver
- Strong Medical Drivers Include Multiple Hospitals and Urgent Cares: Wellnow Urgent Care, Gateway Dermatology, Adirondack Oral and Maxillofacial Surger
- Highly Visible, Signalized, Corner Location With Multiple Points of Access
- Situated Within Close Proximity to Glens Falls Hospital , a 410-Bed Community Hospital That Operates 28 Off-Campus Health Care Facilities Throughout t
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2009
Price
£4,809,000
Price Per SF
£324
Net Initial Yield
7.25%
NOI
£348,653
Tenancy
Single
Number of Floors
1
Building FAR
0.90
Lot Size
0.38 AC
Zoning
05
Parking
60 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 520500-309-011-0005-043-002-0000 | Improvements Assessment | £1,957,263 |
| Land Assessment | £71,975 | Total Assessment | £2,029,238 |
PROPERTY TAXES
Parcel Number
520500-309-011-0005-043-002-0000
Land Assessment
£71,975
Improvements Assessment
£1,957,263
Total Assessment
£2,029,238
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