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20 Forgham St
Lyons, NY 14489

$3,228,726 USD

Drugstore For Sale  •  11,550 SF

Property Details

• Property Type Drugstore
• Total Building Size 11,340 SF
• Lot Size 1.55 AC
• Building Class B
• Year Built 2004
• Cap Rate 7.85 %
• Tenancy Single

20 Transit Score

30 Walk Score

Highlights

Century-long tenant — 100% employee-owned Kinney Drugs operating since 1903 across NY and VT

Lyons location ranks in top 6% of all Kinney Drug stores for foot traffic

Overage rent as high as $96,000 annually; underwritten at conservative $73,000 for 2025

Located minutes from Hamilton College, a top-15 nationally ranked liberal arts institution

Offered well below replacement cost at approximately $161.58 PSF

20+ year operating history at each location with renewal options exercised

Cap Rate:

7.85 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Kinney Drugs