Medicine Shoppe — Sale in Binghamton, NY

  • Price: $975K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Binghamton, NY 13903
  • Size: 8,500 SF

Photos

Medicine Shoppe — Sale in Binghamton, NY, photo 1 of 1

Investment Figures

Cap rate
9.24% (derived from net operating income and asking price)
Net operating income
$90,100 per year
Price per square foot
$115

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Excellent investment opportunity! In an area of limited retail space. Close to Binghamton General Hospital. Lease: 1/1/2025 - 12/31/2027 Paying: $110,400 annually NNN Option: 3 Years at $112,800/year Est NOI: $90,100 Tenant pays expenses. Landlord responsible for the roof, structure, replacement of HVAC.

Market Context

This retail in Binghamton, NY is listed for sale at $975,000 across 8,500 SF ($115/SF). Compare it against other retail listings for sale in Binghamton, NY — view the full market.

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