Walgreens Triple Net Lease Drugstore Potsdam New York

Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,550 SF Walgreens Triple Net Lease Investment Opportunity Located at 173 Market Street in Potsdam, New York. This Investment Provides an Investor the Opportunity to Purchase an Investment Grade (S&P: BBB) Essential Business, With a Corporate Guarantee and Nearly 11 Years Remaining on a Triple Net (NNN) Lease.

• Investment Grade Tenant (S&P: BBB) With a Corporate Guarantee (Walgreen Co.)
• Nearly 11 Years Remaining on a Triple Net (NNN) Lease
• Walgreen Co. is a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) and it Reported Total Revenues in Excess of $136 Billion in the 2019 Fiscal Year
• Limited Competition in the Trade Area; Walmart and Kinney Drugs Are the Only National/Regional Drug Store Operators in the Area
• Signalized Access With Excellent Visibility on Market Street Which Sees Over 16,800 VPD
• Above Average Household Income With Residents Making Over $72,800 Within a 5-Mile Radius
• Located Right By the Canton-Potsdam Hospital (94 Beds) and the Helen Snell Medical Campus
• This Walgreens is the Only One in Potsdam; The Next Closest Walgreens is About 12-Miles Away in Canton, NY
• Situated Near Academic/Population Anchors Such as SUNY Potsdam and Clarkson University
• Nearby Tenants Include: Lowe’s, Arby’s, Burger King, Price Chopper, Harbor Freight, UPS Store, McDonald’s, Big Lots, Taco Bell and More

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