Available - Former CVS Pharmacy

Prime Freestanding Retail Space for Lease: 7,011 SF Former CVS Pharmacy – NEC U.S. Route 9 & Water Tower Road, Hyde Park, NY

Property Overview & Financials

• Physical Address: 4170 Albany Post Road (U.S. Route 9), Hyde Park, NY 12538 (Dutchess County)

• Property Type: Freestanding Commercial Retail Building (Highly adaptable for medical, drive-thru, or specialty grocery)

• Building Size: 7,011 SF (Expansive, open-concept layout)

• Property Placement: Northeast Corner (NEC) Position

• Lease Rate: $20.00 – $25.00 SF/yr (Subject to final lease terms and tier negotiation)

• Lease Type: NNN (Triple Net; Competitive baseline pricing structure for high-exposure regional corridors)

Comprehensive Property & Storefront Description

CR Properties Group is pleased to present a premier commercial leasing opportunity within the historic and commercially vibrant submarket of Hyde Park, New York. Located at 4170 Albany Post Road, this high-profile 7,011 square foot freestanding retail building is the former site of a highly successful CVS Pharmacy.

Positioned directly on the Northeast Corner (NEC) of U.S. Route 9 and Water Tower Road, this property represents an elite commercial footprint offered at a competitive baseline of $25.00 SF/yr NNN. Featuring a completely open-concept interior layout, high clear ceilings, and heavy-duty utility infrastructure, this asset serves as a pristine blank canvas ready to be custom-tailored to meet the exact spatial and corporate identity requirements of an incoming tenant.

Ideal Adaptive Re-Use Potential: From Drive-Thru Retail to Modern Urgent Care

Because this 7,011 SF building was engineered to support a high-volume national pharmacy chain, it possesses top-tier structural assets that are exceptionally rare for standard retail storefronts. The building is highly optimized for conversion into a variety of high-performance business models:

• National or Regional Retail Storefronts: Perfectly scaled for specialty grocery markets, automotive parts retailers, discount variety hubs, or flagship apparel stores requiring dominant roadside presence.

• Urgent Care & Medical Outpatient Facilities: Easily adaptable for comprehensive medical clinical buildouts, physical therapy hubs, dental offices, or veterinary hospitals requiring multi-room configurations and seamless patient pick-up zones.

• Drive-Thru & QSR Logistics: The existing physical layout and corner property circulation paths offer excellent structural potential for businesses seeking to utilize a dedicated drive-thru window or curbside order-fulfillment infrastructure.

High-Exposure Corner Location & Dominant Traffic Metrics

Operating on the Northeast Corner of U.S. Route 9 (Albany Post Road) places your business directly along the primary north-south transit spine of Western Dutchess County. The location acts as a high-impression billboard, ensuring your brand captures a massive baseline stream of daily vehicular commuters, local residents, and regional tourists.

Unrivaled Neighborhood Synergy & Cultural Demand Drivers:

The immediate trade area benefits from unique, high-density demand generators that inject millions of dollars of annual consumer spending directly into the Hyde Park corridor:

• The Culinary Institute of America (CIA): Located just minutes down the road, bringing a massive, continuous population of international students, hospitality professionals, and upscale culinary tourists directly past the storefront.

• National Historical Parks & Tourism Hubs: Situated in the immediate proximity of the Franklin D. Roosevelt Presidential Library & Home and the Vanderbilt Mansion National Historic Site, driving heavy, year-round seasonal foot traffic and regional out-of-town consumer spending.

• Established Multi-Family & Residential Base: Surrounded by a dense, affluent local demographic pocket spanning Hyde Park, Rhinebeck, and northern Poughkeepsie.

Key Property & Leasing Highlights

• Flagship Freestanding Building: Stand out with a prominent, standalone 7,011 SF retail footprint that completely eliminates the shared-wall friction of traditional strip malls.

• Elite Corner Dominance: Unrivaled exposure on the Northeast Corner (NEC) of U.S. Route 9 and Water Tower Road, commanding excellent line-of-sight visibility from both travel directions.

• Infrastructure of a National Brand: Built to the rigorous standards of a former CVS Pharmacy, featuring wide retail floor spans, high-capacity HVAC systems, and robust electrical grids.

• Frictionless Ingress & Egress: Designed with dedicated turning paths and an expansive, wrap-around customer parking field to ensure stress-free arrivals for high-volume consumer waves.

• Highly Adaptable Zoning: Approved for traditional consumer retail, walk-in corporate offices, specialized service businesses, or medical networks.