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Walgreens | Corp Abs NNN w/ Incrs 12 Park Dr 13,813 SF Retail Building Hornell, NY 14843 $7,107,030 CAD ($514.52 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Recent Lease Extension | Corporate Signed | Rental Increases |Investment Grade Tenant (S&P: BBB)
- Signalized, Hard Corner Intersection | Drive-Thru Equipped | Strong National/Credit Tenants | Hornell Railroad Centre
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Direct Consumer Base | Strong Demographics in 5-Mile Trade Area
Executive Summary
• Recently extended their lease through March 2034, demonstrating their long-term commitment to the site
• Lease features rental increases in 2025 and 2030, generating NOI and providing a hedge against inflation
• Headquartered in Deerfield, IL, Walgreens operates more than 9,000 stores across all 50 states
Property Facts
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 460600-166-006-0007-046-101 | Improvements Assessment | $2,932,506 CAD |
| Land Assessment | $173,225 CAD | Total Assessment | $3,105,731 CAD |
Property Taxes
Presented by
Walgreens | Corp Abs NNN w/ Incrs | 12 Park Dr
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