Walgreens - Rome, NY

(Click on Image to Enlarge)

Pricing and Location


Price:   $5,000,000

Address:   201 South James Street, Rome, New York 13440

Status:   Available

Property Details


CAP Rate: 6.00% Year Built: 2007
Net Rentable Area: 13,770
Lot Size (Acres): 1.28 NOI: $300,000

Marketing Materials


Property Description


Walgreens, located at 201 South James Street, Rome, New York. The 25 year NNN lease (no landlord obligations) was constructed in 2007 and has 15.4 years remaining on the base term of the lease (as at the time this campaign was launched) with a base term expiration date of August 2032, followed by ten 5 year options thereafter. These inviting option terms are a rarity in the reformulated Walgreens lease structure. Located adjacent to a prenatal health center and rehabilitation center and within blocks of the region’s memorial hospital. At the corner of a five-pointed signalized intersection this passive investment opportunity offers a buyer a strong return and secure real estate.

Area Map and Street View


What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557