9543 Brewerton Rd - Drug Store FOR SALE


Brewerton, NY 13029
$2,632,250 USD
424-321-6547
9543 Brewerton Rd, Brewerton, NY for Sale
$2,632,250 USD
Drug Store - FOR SALE
1/6
null | 8% Cap Rate

9543 Brewerton Rd
Brewerton, NY 13029


HIGHLIGHTS

  • Strategic Location Positioned to Benefit from Micron’s $100 Billion Megafab Development
  • Full Corporate Lease Guarantee – Backed by Kinney Drugs’ Parent Company
  • Low-Management NNN Lease – Minimal Landlord Responsibilities
  • Premier Retail Location – Strong Accessibility and Visibility
  • One of Kinney Drugs’ Highest-Performing Locations Nationwide – Per Placer.ai Data
  • Over 28 Years at This Location – Demonstrated Commitment Through Multiple Option Exercises

OVERVIEW

Near Micron’s New $100 Billion Semiconductor Megafab Malchus Real Estate is pleased to present the exclusive offering of 9543 Brewerton Road, Brewerton, NY 13029, a well-positioned net lease investment opportunity located within one of Upstate New York’s most significant emerging economic corridors. The property is located less than five miles from Micron’s planned $100 billion semiconductor megafab in Clay, New York, (In Development) a transformational development expected to drive substantial long-term job creation, infrastructure investment, and economic growth throughout the greater Syracuse market. The property is secured by a corporate-guaranteed lease, providing investors with stable and reliable income. The lease is structured on a triple-net (NNN) basis, with the tenant responsible for taxes, insurance, and property maintenance. Landlord responsibilities are limited primarily to the roof and structure, providing for a largely passive ownership structure. Strategically positioned along Brewerton Road, the property benefits from excellent visibility and accessibility, as well as convenient access to Interstate 81. The location serves both local and regional traffic and is positioned to benefit from the continued public and private investment occurring throughout the surrounding Syracuse metropolitan area. This offering provides investors with the opportunity to acquire a corporate-backed net lease asset with a long operating history in a rapidly expanding market, strategically located near one of the largest semiconductor manufacturing investments in U.S. history.

FOR SALE DETAILS

PRICE

$2,632,250 USD

PRICE/SF

$199 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kinney Drugs NNN 8.00% - Brewerton, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,813 SF

ZONING

RC

APN/PARCEL ID

312289-116-000-0001-006-001-0000

ASK ABOUT THIS PROPERTY

Joel CukierMalchus Real EstateMore Info
424-321-6547

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Joel CukierMalchus Real EstateMore Info
424-321-6547

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.