» Walgreens recently extended its lease by another 12 years, with five additional 5-year renewal options, ensuring long-term stability for investors. Currently, there are 11+ years remaining on the lease, providing reliable income streams.

 

» Reported sales have increased 18.8% year over year. Placer.Ai ranks this location in the top 35% on a National Level compared to other Walgreens locations..

 

» Strategically positioned on the South Shore of Long Island, Jones Beach Island (6 million annual visitors) and Fire Island (2.2 million annual visitors), benefiting from significant tourist footfall and high traffic. Moreover, its proximity to New York City, just a 40-mile drive away, ensures consistent customer flow.