For Sale
$7,995,000
1929 Us-20 Waterloo, NY 13165
High-yield, corporate-guaranteed Walgreens.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Fee-simple, Class A Walgreens (14,763 SF) on 1.3 acres in Waterloo, NY.
- Prominent corner location with excellent visibility and accessibility.
- Built in 2013, single-tenant, absolute NNN lease with drive-thru.
- Credit-rated Walgreens corporate guarantee; 5.6 years remaining on 20-year lease with six 5-year options and rent increases.
- Strong NOI of $649,485, 8.12% cap rate, $7,995,000 asking price ($541.56/SF).
- 100% occupancy since 2010; near Walmart, Aldi, Tops, and McDonald's.
Property Details for 1929 Us-20
- Property type
- Retail properties, Retail space
- Square Feet
- 14,763 SF
- Class
- A
- Year Built
- 2013
- Lot Size (sq. ft)
- 56,628 SF
- Units
- 1
Location Insight
- City
- Waterloo
- County
- Seneca
- State
- New York
- Latitude
- 42.903058085621
- Longitude
- -76.836793417412
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, corporate-guaranteed Walgreens.
- Where is the retail property located?
- The property is located at 1929 Us-20 Waterloo, NY.
- What is the asking price?
- The asking price for this property is $7,995,000.
- What are key features of this property?
- This property features: Fee-simple, Class A Walgreens (14,763 SF) on 1.3 acres in Waterloo, NY.; Prominent corner location with excellent visibility and accessibility.; Built in 2013, single-tenant, absolute NNN lease with drive-thru.
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