Absolute NNN Lease Walgreens | 325 Walt Whitman Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Absolute NNN Lease Walgreens 325 Walt Whitman Rd
18,298 SF Retail Building Huntington Station, NY 11746 $11,694,127 CAD ($639 CAD/SF)
Investment Highlights
- Absolute NNN Lease
- Exposure, Frontage, Traffic
- Highly Sough-After Retail Location
Executive Summary
Absolute NNN Lease - Tenant covers taxes, insurance, and all repairs and maintenance of the property including roof & structural repairs.
Credit Tenancy - Walgreens Boots Alliance Inc. (WBA) is a publicly-traded company with over 8,500 locations. The company holds a credit rating "BB" by S&P Global Ratings with annual revenues over $145 billion.
Highly Sought After Location - Situated directly across from the Huntington Shopping Center which features Whole Foods, REI, Just Salad, Petsmart, Ulta, Michaels, and more. The property is also a few blocks south of the Walt Whitman Shops, home to dozens of credit retailers and restaurants.
Exposure, Frontage, Traffic - The property benefits from 320'+ of frontage along Walt Whitman Road. The property is positioned at a traffic light corner where more than 35,000 cars pass by on a daily basis.
Long Term Lease - The Tenant exercised all of their extension options, and the lease term runs through January 31, 2043. The tenant has three (3) options to terminate the lease on January 31, 2028, January 31, 2033, and January 31, 2038 with twelve (12) months prior written notice.
Credit Tenancy - Walgreens Boots Alliance Inc. (WBA) is a publicly-traded company with over 8,500 locations. The company holds a credit rating "BB" by S&P Global Ratings with annual revenues over $145 billion.
Highly Sought After Location - Situated directly across from the Huntington Shopping Center which features Whole Foods, REI, Just Salad, Petsmart, Ulta, Michaels, and more. The property is also a few blocks south of the Walt Whitman Shops, home to dozens of credit retailers and restaurants.
Exposure, Frontage, Traffic - The property benefits from 320'+ of frontage along Walt Whitman Road. The property is positioned at a traffic light corner where more than 35,000 cars pass by on a daily basis.
Long Term Lease - The Tenant exercised all of their extension options, and the lease term runs through January 31, 2043. The tenant has three (3) options to terminate the lease on January 31, 2028, January 31, 2033, and January 31, 2038 with twelve (12) months prior written notice.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
18,298 SF
Building Class
C
Year Built
2009
Price
$11,694,127 CAD
Price Per SF
$639 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.22
Land Acres
1.90 AC
Zoning
C8
Frontage
Amenities
- Dedicated Turn Lane
Walk Score ®
Very Walkable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0400-232-00-07-00-012-000 | Improvements Assessment | $8,615 CAD |
| Land Assessment | $19,401 CAD | Total Assessment | $28,015 CAD |
PROPERTY TAXES
Parcel Number
0400-232-00-07-00-012-000
Land Assessment
$19,401 CAD
Improvements Assessment
$8,615 CAD
Total Assessment
$28,015 CAD
-
Power Broker Stephen Preuss -
Kevin Schmitz -
Andrew LeoGrande -
Ripco Real Estate
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Absolute NNN Lease Walgreens | 325 Walt Whitman Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.