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Former Rite Aid property in Clay sold for $1.4 million

By Journal Staff

Date:

CLAY  — The property at 4975 Bear Road in Clay that was formerly home to a Rite Aid store was recently sold for $1.4 million.

CGP Acquisition & Development purchased the 11,134-square-foot building, situated on 1.84 acres, from Syracuse Real Funding. CGP plans to redevelop the property, which is located at the corner of Buckley Road, into a Dollar General store, according to Cushman & Wakefield/Pyramid Brokerage Company. 

William Evertz of Cushman & Wakefield/Pyramid Brokerage exclusively marketed the property and represented the seller in the transaction, while Troy Bullock represented the buyer.

The property was last sold in November 2012 for more than $1.65 million, according to Onondaga County’s online property records.

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