Sands Investment Group is Pleased to Present Exclusively For Sale the 14,820 SF Walgreens Absolute NNN Asset Located at 202 Broad Street in Glens Falls, New York. Approximately 11 Years Remain on an Absolute Triple Net (NNN) Lease With Multiple Options to Extend, Allowing For a Long-Term Cash Flow. This Property Provides a New Owner With an Opportunity to Purchase an Essential Business With an Investment Grade Tenant (S&P: BBB) and Corporate Guarantee.
Absolute Triple Net (NNN) Lease Which Allows For a True Passive Investment With Zero Landlord Responsibilities
Investment Grade Tenant (S&P: BBB) With a Corporate Guarantee
Highly Visible, Signalized, Corner Location With Multiple Points of Access
Full -Service Location With Drive-Thru; The Store Also Offers Curbside Pickup and Deliver
Walgreen Co. a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA); Reported Total Revenues in Excess of $139 Billion in the 2020 Fiscal Year
Located Directly Off of Broad Street Which is a Main Retail and Commuter Thoroughfare
Situated Within Close Proximity to Glens Falls Hospital, a 410-Bed Community Hospital That Operates 28 Off-Campus Health Care Facilities Throughout the Region
Strong Medical Drivers Include Multiple Hospitals and Urgent Cares: Wellnow Urgent Care, Gateway Dermatology, Adirondack Oral and Maxillofacial Surgery and More
Nearby Tenants Include: Dollar General, Dunkin’ Donuts, McDonald’s, Hannaford Supermarket, Target, Advance Auto Parts and More
In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Amar Goli – Lic. NY #10491210161
Walgreens (www.walgreens.com) is included in the United States segment of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and well-being of every community in America. Walgreens is proud to be a neighborhood health destination serving approximately 9 million customers each day. As of August 31 2022, the segment operates 8,886 drugstores in 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. About 78 percent of the U.S. population lives within five miles of a Walgreens or Duane Reade pharmacy. Walgreens Boots Alliance (NASDAQ: WBA) is a global leader in retail and wholesale pharmacy, touching millions of lives every day through dispensing and distributing medicines, its convenient retail locations, digital platforms and health and beauty products. The company has more than 100 years of trusted health care heritage and innovation in community pharmacy and pharmaceutical wholesaling. A trusted, global innovator in retail pharmacy with approximately 13,000 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. WBA’s purpose is to help people across the world lead healthier and happier lives.