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869 2nd Ave
Troy, NY 12182

$6,305,410 USD

Drugstore For Sale  •  14,673 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,673 SF
  • Lot Size 1.91 AC
  • Building Class B
  • Year Built 2008
  • Tenancy Single
  • Zoning B3
36 Transit Score
75 Walk Score

Highlights

Walgreens acquired this store from Rite Aid and rebranded it as a preferred location in 2019.
Next to the The Troy Waterford Bridge (11,000 VPD) which connects to NY-32 and leads south to meet with Interstate 787 (±79,000 vehicles per day).
There are over 4 years remaining on the lease term with 4 (5-year) options and ±5% increases at the beginning of each five-year option.
Samaritan Hospital, a 277-bed hospital with over 1,400 physicians serves the areas of Troy, Albany and Schenectady is located 4.5 miles south.
Located 12 miles north of Albany and part of the Albany MSA, which has the largest year over year increase in population among NY’s 13 metro areas.
Close proximity to RPI, a school district that employs about 600-700 individuals and serves approximately 4,000 students.

Public Transportation

AirportDriveWalkDistance
Albany International 19 min - 10.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jason Pongsrikul 619-297-0055 Pharma Property Group- Drugstore Specialists
Jason Pongsrikul 619-297-0055 Pharma Property Group- Drugstore Specialists