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3948 State Route 281
Cortland, NY 13045

$4,750,000 USD

Drugstore For Sale  •  14,800 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,800 SF
• Lot Size 1.4 AC
• Building Class B
• Year Built 2006
• Cap Rate 8.00 %
• Tenancy Single
• Zoning 5

0 Transit Score

50 Walk Score

Highlights

Major intersection

Low estimated rent to sales ratio of 6.6%

Main retail corridor

Adjacent to Grand Union Supermarket

County Seat of Cortland County

Near SUNY Cortland with 5,994 student and 1,000 employees

Property Flyers

Walgreens Cortland NY - 8 Cap

Cap Rate:

8.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
CVS
Rite Aid
Walgreens		2/29/2032

Public Transportation

Airport	Drive	Walk	Distance
Ithaca Tompkins International	29 min	-	18.0 mi