Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located in Oswego, NY. Built in 2008, this site consists of approximately 14,673 square feet of building space and is situated on 1.97 acres of land. This Walgreens has approximately 8 remaining on its initial 25-year absolute triple-net (NNN) lease with five (5) five-year renewal options. The base rent is $659,908 for 8 years with rental increases in the option periods. This Walgreens is located in THE primary retail corridor of Oswego, NY. Nearby National Retailers include Walmart Supercenter, Lowe’s, popular regional grocery chain Price Chopper, McDonald’s, Tractor Supply, Burger King, Wendy’s, Key Bank, Sherwin-Williams and more. With more than 20,000 vehicles per day passing along this main retail thoroughfare, this Walgreens is strategically positioned at a signalized intersection for maximum visibility of and easy access to the store – which benefits tremendously from being located only 2 miles away from the 164-bed Oswego Hospital and 3 miles away from the SUNY Oswego university campus with 7,000+ students enrolled.