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Walgreens 416 Windsor Hwy

14,550 SF Retail Building Vails Gate, NY 12584 £7,219,350 (£496/SF) 6.32% Net Initial Yield

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.

Attachments

Walgreens - Vails Gate, NY

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2011
Price
£7,219,350
Price Per SF
£496
Net Initial Yield
6.32%
NOI
£456,522
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Land Acres
1.70 AC
Zoning
C - Commercial

Amenities

  • Air Conditioning

Links

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Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Hannaford
Starbucks
Price Chopper
Bubbakoo's Burritos
KeyBank
Citizens Bank
ShopRite
Planet Fitness
Chase Bank
Tiger Schulmann's Martial Arts
(212) 972-3947

  • Listing ID: 32492424

  • Date on Market: 17/07/2024

  • Last Updated:

  • Address: 416 Windsor Hwy, Vails Gate, NY 12584

The Retail Property at 416 Windsor Hwy, Vails Gate, NY 12584 is currently available For Sale. Contact HMX Realty Advisors for more information.

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416 Windsor Hwy, Vails Gate, NY for sale Primary Photo- Image 1 of 2
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© 2024 CoStar Group

Walgreens | 416 Windsor Hwy
(212) 972-3947 x

Walgreens | 416 Windsor Hwy

1/2

Daniel de Sa'

(212) 972-3947

(212) 972-3947

Robert James

(212) 686-0072

(212) 686-0072

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