Map of Property

Walgreens

173 Fairview Ave, Hudson, NY 12534

  • For Sale $4,200,000
  • Property Type Retail - Freestanding
  • Property Size 11,585 SF
  • Lot Size 2.88 Acre
  • Property Tenancy Single Tenant
  • Year Built 2002
  • Date Updated Apr 28, 2024
The 11,585 square foot Walgreens is strategically located at the corner of a signalized intersection along Highway 9, the primary north-south thoroughfare of Hudson. Other retailers in the trade corridor include Walmart, Lowe’s, Kohl’s, TJ Maxx, Shop Rite, and McDonald’s. The Walgreens property is also positioned near Columbia Memorial Hospital, a 116-bed hospital.First Commercial is pleased to exclusively market for sale a single tenant net leased Walgreens located in Hudson, New York. The offering features an absolute triple net, zero landlord responsibilities, and rare bumps in the options. Walgreens is the second largest drug retailing chain in the United States and has over 8,175 locations in the U.S.A. Walgreens is publicly traded on the New York Stock Exchange (WBA) with a market capitalization in excess of $50 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.

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Attachments

Highlights

  • Attractive assumable loan at a 3.87% interest rate with a ±5 year term. Ask Broker for more details
  • The lease structure is triple net (NNN), with zero landlord responsibilities
  • Drive-Thru Pharmacy – allowing for convenient prescription pickup
  • Located at the corner of a signalized intersection along Highway 9, the primary north-south thoroughfare of Hudson
  • Retailers in the trade corridor include Walmart, Lowe’s, Kohl’s, TJ Maxx, Shop Rite, and McDonald’s
  • Positioned near Columbia Memorial Hospital, a 116-bed hospital
  • Closest Walgreens is 8 miles away

Contacts

broker

Ben Rishwain

First Commercial Real Estate

(209) 461-6400

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Hudson, NY
  • Neighborhood Lorenz Park
  • Zip Code 12534
  • Market Albany

Points of Interest

  • Hudson

    1.59 miles

  • Citgo

    0.05 miles

  • Speedway

    1.00 miles

  • Citgo

    1.03 miles

  • Speedway

    1.11 miles

  • Cobble Pond Farms

    2.50 miles

  • Extra Mart

    2.93 miles

  • Cumberland Farms

    5.98 miles

  • Stewart's

    6.18 miles

  • Cumberland Farms

    6.60 miles

  • Speedway

    6.63 miles

  • Skywalk Parking Lot

    4.27 miles

  • Mawignack Preserve

    6.33 miles

  • Parking Area (Southbound)

    7.83 miles

  • Parking Area (Northbound)

    7.89 miles

  • Burger King

    0.20 miles

  • McDonald's

    0.21 miles

  • Dunkin'

    0.23 miles

  • Taco Bell

    0.93 miles

  • Wendy's

    1.03 miles

  • Golden Grain

    1.04 miles

  • Park Falafel & Pizza Inc.

    1.08 miles

  • Wasabi

    1.11 miles

  • Le Gamin

    1.12 miles

  • Mexican Radio

    1.14 miles

  • TJ Maxx

    0.13 miles

  • ShopRite

    0.20 miles

  • Aldi

    0.59 miles

  • ShopRite

    0.95 miles

  • Price Chopper

    0.96 miles

  • Olde Hudson

    1.17 miles

  • TJ Maxx

    1.66 miles

  • Walmart Supercenter

    1.67 miles

  • Kohl's

    1.85 miles

  • Claverack Food Mart

    2.98 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $2,100,000.00/YR.

What is the total square footage of Walgreens?

Walgreens totals 11,585 square feet.

When was this property built?

Walgreens was built in 2002.

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Contact Listing Broker

broker

Ben Rishwain

First Commercial Real Estate

(209) 461-6400