Drug Store
Walgreens | Cicero
6189 NY-31, Cicero, NY 13039
Listing Price: $3,874,000
Cap Rate
9.30%
Tenant Name
Walgreens
Years Remaining On Lease
6.2
Gross SF
14,748
Guarantor
Corporate Guarantee
Rentable SF
14,748
Price/Gross SF
$262.68
Lease Type
Absolute Net
Rent Per Square Feet
$22.99
Investment Overview
The Asset is part of a 3-Pack portfolio with two additional Walgreens located in Minnesota and Texas. The Assets are required to sell together as a portfolio.
Investment Highlights
- Ranked #3 in the Syracuse market out of 26 locations per Placer.ai
- Hard Corner location at the intersection of SR-31 and Thompson Road with a daily traffic count of 36,500 vehicles
- Cicero is one of the fastest growing and most affluent suburbs in Central New York
Listing Price: $3,874,000
Cap Rate
9.30%
Tenant Name
Walgreens
Years Remaining On Lease
6.2
Gross SF
14,748
Guarantor
Corporate Guarantee
Rentable SF
14,748
Price/Gross SF
$262.68
Lease Type
Absolute Net
Rent Per Square Feet
$22.99
Investment Highlights
- Ranked #3 in the Syracuse market out of 26 locations per Placer.ai
- Hard Corner location at the intersection of SR-31 and Thompson Road with a daily traffic count of 36,500 vehicles
- Cicero is one of the fastest growing and most affluent suburbs in Central New York
Investment Overview
The Asset is part of a 3-Pack portfolio with two additional Walgreens located in Minnesota and Texas. The Assets are required to sell together as a portfolio.