173 Fairview Ave - Drug Store FOR SALE
Hudson, NY 12534 |
$3,540,294 USD
512-430-4466
173 Fairview Ave
Hudson, NY 12534
HIGHLIGHTS
- Consolidation store with Walgreens closing adjacent location and consolidating operations here
- Rental escalations averaging 3.5% every 5 years providing built-in hedge against inflation
- Strong retail corridor along US-9 adjacent to 282,000+ SF regional shopping center
- Average household income within 5-mile radius exceeds $102,000 supporting consumer spending
- Located 0.9 miles from Columbia Memorial Health 192-bed acute care hospital
- Within 0.5 miles of multiple senior housing facilities driving pharmacy demand
FOR SALE DETAILS
PRICE
$3,540,294 USD
PRICE/SF
$306 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.09 AC
LAND SF
134,600 SF
ZONING
402
APN/PARCEL ID
104000-110-006-0002-055-100-0000
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512-430-4466
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512-430-4466
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