Drugstore For Sale • 13,095 SF
| STABLE INCOME - Income guaranteed by Walgreens Corporation (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations. |
| RECENTLY EXERCISED FIRST OPTION - After 20+ years of successfully operating, Walgreens exercised its first option without rent reduction. |
| HIGH TRAFFIC AREA WITH OVER 52,683 VPD - Located on the signalized NW corner of Medford Ave (Rte 112) and Woodside Ave traffic counts of 52,683 VPD. |
| AFFLUENT INFILL LONG ISLAND SUBURB - Affluent suburb in Long Island with ±178,739 residents and average HH income of $112,206 in a 5-mi radius. |
| LONG ISLAND COMMUNITY HOSPITAL - Located just 2 miles, Long Island Community Hospital has 306 beds and employs ±1,500 people. |
| STRATEGIC LOCATION - Walgreens is located across from a CVS which makes it a strategic market share location for both Walgreens and CVS. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Walgreens | 13,095 SF | 12/31/2024 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Medford Station (Greenport Branch - Long Island Rail Road) | 4 min | - | 1.6 mi |
| Patchogue Station (Montauk Branch - Long Island Rail Road) | 7 min | - | 2.8 mi |
| Airport | Drive | Walk | Distance |
| Long Island MacArthur | 14 min | - | 7.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 70 |
| Type: | Surface |
| Included in Rent: | Yes |