703 Old Liverpool Rd Salina, NY 13088

This exceptional retail investment opportunity presents a 11,305 square foot property currently subleased to Family Dollar, a credit-rated tenant, within a Walgreens location at 703 Old Liverpool Rd, Salina, NY 13088. The property boasts a strong 100% occupancy rate, generating a substantial Net Operating Income (NOI) of $185,873, resulting in an attractive 12.39% cap rate. Priced at $1,500,000 ($132.68/sq ft), this Net Lease (NN) investment offers a remaining lease term of approximately 1.1 years, expiring January 6, 2026. The property benefits from a high-traffic location, situated across from Onondaga Lake and the New York State Fairgrounds, with excellent visibility and accessibility due to its proximity to Interstates 90 (36,000 vehicles per day) and 81 (70,000 vehicles per day). The substantial population within a five-mile radius (191,098 people) ensures a consistent customer base for the tenant. This is a rare opportunity to acquire a stable, high-performing retail investment in a desirable location. The property is classified as Pharmacy/Drug and Dollar store retail.