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305 W Main St
Malone, NY 12953

Walgreens (Price Reduced) 2.0% FEE · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.67 AC
Zoning
01
Parking
53 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
128 ft on West Main

About 305 W Main St , Malone, NY 12953

Malone is a town in Franklin County, New York. The population was 14,545 at the 2010 census. The town contains a village alsonamed Malone, which is the county seat. The town is an interior town located in the north-central part of the county. The town was formed from part of the town of Chateaugay in 1805. The town was originally named “Harison”, after Richard Harison who had purchased the land and founded the town. The name was changed in 1808 to “Ezraville”, after Ezra L’Hommedieu, and in 1812 to “Malone”. Walgreens is the #1 pharmacy in America by any measure. Traded on the New York Stock Exchange (NASDAQ: WBA), Walgreens operates 8,541 locations, including 8,116 drug stores in all 50 states, the District of Columbia and Puerto Rico. Walgreens is widely regarded as one of the safest,most secure single-tenant NNN leased investment properties because of its strong balance sheet and market capitalization. Walgreens maintains investment gradecredit with a Standard & Poor’s rating of BBB. Over 4.7 million customers are served by Walgreens daily chain-wide and over 580 million prescription scripts are filled annually. Walgreens was founded in Chicago, Illinois, in 1901 and has since expanded throughout the United States. Its headquarters are located in Deerfield, Illinois, a suburb of Chicago. Its main competitors are CVS/pharmacy, Wal-Mart, Rite Aid as well as Target Corporation and Osco. A typical Walgreens store is about 14,500 square feet with 11,000 square feet of sales area. They offer nearly 25,000 items for sale and typically staff between 25 and 30 people per store. On average, one store pulls in $8.5 million in annual sales. Most stores include a pharmacy, photo lab,cosmetics counter, and a general merchandise area. Select stores in metropolitan Chicago, Florida, Atlanta, Kansas City, Nashville, Las Vegas, and St. Louis now include Walgreens TakeCare Health Clinics where certified (primarily nurse practitioners, and in some states, registered pharmacist) staff diagnose, treat, andprescribe for common illnesses and can also issue vaccinations and physicals in select locations. These clinics are open 7 days a week; including evenings and weekendswith no appointments necessary and with acceptance of most major insurance plans. If a patient uses the TakeCare Clinic, their prescription is automaticallyprocessed through Walgreens’ Intercom Plus Pharmacy System as a waiting prescription, so in most stores, the prescription is ready to be picked up in 15 to 20 minutes. 8,500+ locations Publicly traded Global locations

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
164801-112-024-0008-007-200-0000
Land Assessment
$355,532
Improvements Assessment
$2,499,393
Total Assessment
$2,854,926
  • Listing ID: 12289144

  • Date on Market: 2018-04-17

  • Last Updated:

  • Address: 305 W Main St, Malone, NY 12953

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