It is a freestanding single-storey drugstore investment in NYC. Description
The total floor area is 1,292 m².
The plot of 5,868 m².
The property is in an excellent overall condition, repair is not required.
The drugstore is fully leased out to a major tenant.
Absolute income is 400,000 $.
The current yield of 5,2%.
The anchor tenant is one of the major US drugstore chains.
The company operates about 8,000 drugstores in 50 states, offering a wide range of medical products.
NN lease contract was signed in 2015 for 15 years.
Most of the operating costs are borne by the tenant.
Location and nearby objects
The drugstore is locatedt at the intersection, the daily traffic exceeds 19,000 vechiles.
The university with 1,200 students and train station with passenger traffic up to 13,000 people are in the immediate vicinity of the area.
The district around the drugstore is densely populated, there are more than 85,000 people in 5 km radius. The purchasing power of 154,000 $.