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 |
