305 W Main St
Malone, NY 12953

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE THIS WALGREENS PROPERTY located on W Main Street in Malone, New York. This is a NNN lease with zero landlord responsibilities or expenses. There are 14 years remaining in the initial 25 year lease, with fifty, one year options to renew. The lease is corporately guaranteed by Walgreens, rated BBB by Standard and Poor’s. Walgreens is ideally situated at the signalized corner of W Main Street and Finney Blvd with excellent access and visibility and traffic counts over 20,000 vehicles per day. W Main Street is the major throughway and retail corridor connecting directly into the central business district of Malone. Surrounding retailers include Walmart, Tractor Supply, ALDI, McDonald’s, KFC, Burger King and Price Chopper to name a few. The site is also surrounded by numerous hotels and motels, and is just 1 mile from the Malone-Dufort airport, a public use airport with an average of 24 aircraft operations daily. There is no competition for Walgreens as it is the only major drug store within the Malone market and will therefore be a go to store for residents and commuters passing by. The closest Walgreens and Rite and properties are located in the next town of Massena, NY which is 29 miles away.