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INVESTMENT OFFERING

SAB Capital is pleased to present Walgreens in Colonie, NY, located 7 miles northwest of Albany. The tenant, Walgreens, is subject to an absolute triple net (NNN) lease with zero landlord responsibilities. This property is located in a densely populated area with 120,000 residents in a 5-mile radius.

  • Walgreens in Colonie, NY | 7 Miles Northwest of Albany
  • Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
  • Signalized Corner Location | Central Avenue & New Karner Road Intersection Sees Over 61,000 Vehicles Per Day
  • Prominent Pharmacy Operator | Walgreens Has Around 8,600+ Locations
  • Proven Long Term Location | Walgreens Has Operated Here Since 2006
  • Densely Local Population | Over 120,000 Residents in 5 Mile Radius
  • Oversized Parcel | Property is 2.0 Acres
  • National Retailers Located Nearby | Kohl’s, Harbor Freight Tools, Retro Fitness, and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
Walgreens $5,341,823 7.50% Absolute NNN 14,820 Available

Michael Grunberg

VICE PRESIDENT | INVESTMENT SALES

Stephen Asihene

SENIOR ASSOCIATE | INVESTMENT SALES
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