Kinney Drugs-Elizabethtown NY · Elizabethtown NY See Location on Map
Subject property is located at 7550 Court St. in Elizabethtown, NY. Property is a Kinney Drug store on 1.49 AC of land. The building was built in 2006 and is 11,598 +/- SF. Kinney Drug has a 20 year initial NN lease with (4) 5 year options. There are 10% rent increases every 5 years. Landlord is responsible for the the roof, structure, foundation and walls.
Store has 6% rent to sales ratio.
10 Mile landlord restriction
Elizabethtown Community Hospital is located across the street from subject property, which services the county with a 25 bed hospital and employees 194 people. Also located across the street is the Essex County government offices (Clerks, DMV, courthouse, etc) and the Elizabethtown town office. Additionally, Elizabethtown Lewis School system is located next to the property, which is a K-12 School system with 275 students and 41 teachers/staff.
Surrounding businesses include, Tops Supermarket, Family Dollar, Champlain National Bank, Cobble Hill Golf Course, Chevy/Buick Dealership and Ford Dealership.
About Kinney Drugs: Founded in 1903 and is an employee owned company since 2008 (3,400 employees), 110 Locations (NY & VT), total revenue of $915MM which breaks down to an average of $8,318,181 in sales per store, and gross profits $221MM.