Walgreens - Troy, NY

Prime infill retail location at the Southeast corner of 2nd Ave and 126th St, a 4-way signalized intersection. This property benefits from 11,000+ vehicles per day on the two major thoroughfares carrying Troy residents north-south and east-west. This asset benefits from convenient access points allowing right and left turns from both access points drawing in consumers on the morning and evening commutes. The property additionally benefits from retail synergies including adjacency to Hannaford and a myriad of additional national retailers including Dunkin Donuts, Pizza Hut, Subway, and Dollar Tree.Rare opportunity to purchase this Walgreens on a NN lease structure with minimal Landlord responsibilities in Troy, NY. The property sits on a 1.91-acre plot settled against the Hudson River in an irreplaceable, infill location. This property services the immediate surrounding households of the suburb north of Albany. With 3.5 years of term remaining and four 5-year options to extend, this opportunity provides stable income and potential for yield increases upon renewal options being exercised.