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
$8,618,700 CAD
Price Per SF
$582 CAD
Cap Rate
7.25%
NOI
$624,856 CAD
Tenancy
Single
Building Height
1 Story
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 | $2,662,903 CAD |
| Land Assessment | $97,923 CAD | Total Assessment | $2,760,826 CAD |
PROPERTY TAXES
Parcel Number
520500-309-011-0005-043-002-0000
Land Assessment
$97,923 CAD
Improvements Assessment
$2,662,903 CAD
Total Assessment
$2,760,826 CAD
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