Walgreens

4751 Onondaga Blvd, Syracuse, NY
Deal Type:
Net Lease
Price:
$8,301,518
Cap Rate:
5.40%
Current Rent:
$448,282
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 11+ years
Renewal Options:
6 x 5 Years
Building Sq. Ft.:
13,732 SF
Rent Increases:
1.50% every 5 Years
Site Size:
1.61 Acres

Investment Highlights

  • Walgreens just signed a new 10 year lease extension
  • Hard corner location with drive-thru
  • Less than three miles from prestigious Syracuse University (21,000 students)
  • Across the street from Wegman’s anchored shopping center
  • Strong demographics – over 209,000 people in a 5-mile radius

Listing Agents

Breanna Rusk

Vice President
714 722 4110
Breanna@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

In Association with Scott Reid & ParaSell, Inc. | P: 949.924.6578 | A Licensed New York Broker #10991231395

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