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5 Main St
Queensbury, NY 12804

$4,964,784 USD

Drugstore For Sale  •  8,775 SF

Property Details

• Property Type Drugstore
• Total Building Size 15,376 SF
• Lot Size 2.01 AC
• Building Class B
• Year Built 1996
• Tenancy Single
• Zoning 07

0 Transit Score

63 Walk Score

Highlights

CVS has been at this location since 1996 and renewed its 2nd option period at escalated rents.

CVS has 8% rental increases in the next option, and Total Care has 20% rental increases in options 2 and 3, providing a hedge against inflation.

CVS sales have steadily increased by over $4.8 million in the last 5 years.

Glens Falls Hospital, located 1 mi E, serves patients across 5 counties in the area and is the region's largest employer.

There are over 3.7M sf of retail space within 2 miles of the property, serving as the primary shopping and retail destination for Warren County.

Total Care recently signed a new lease and funded a $150,000 remodel of the space.

Amenities

• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fort Edward Amtrak (Adirondack - Amtrak, Ethan Allen Express - Amtrak)	17 min	-	9.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes