Walgreens for Sale in Hudson, NY
Hudson, NY
Key Investment Metrics
Price
$3,540,294
Cap Rate
8.5%
Net Operating Income
$300,290
Building Size
11585 SF
Land Area
3.09 Acres
Remaining Term
3.1 years
Lease Expiration
08/31/2029
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2002
Tenancy
Single
Rent Increases
3.50% in Each Option
Property overview
Walgreens in Hudson
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 11,585 SF
- Land area
- 3.09 acres
- Year built
- 2002
- Lease type
- Absolute NNN
- Lease expiration
- 08/31/2029
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.