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CVS - Smithtown, NY 111 Terry Rd 10,125 SF Retail Building Smithtown, NY 11787 $6,072,252 CAD ($599.73 CAD/SF) 5.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Pride of Ownership CVS: Extremely High Barriers to Entry
- Suffolk County is New York's Second Largest County
- Prototypical Free-Standing Building with Drive-Thru
- Attractive Cost of Occupancy - $24 per sqft
- $129,000+ Household Income - 1 Mile
- Corporate Backed Lease – CVS Health | S&P Credit Rating "BBB"
EXECUTIVE SUMMARY
Pride of Ownership CVS: Extremely High Barriers to Entry
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built
1997
Price
$6,072,252 CAD
Price Per SF
$599.73 CAD
Cap Rate
5.64%
NOI
$342,655 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.46 AC
Parking
28 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0800-106-00-05-00-012-007 | Improvements Assessment | $26,373 CAD |
| Land Assessment | $1,964 CAD | Total Assessment | $28,337 CAD |
PROPERTY TAXES
Parcel Number
0800-106-00-05-00-012-007
Land Assessment
$1,964 CAD
Improvements Assessment
$26,373 CAD
Total Assessment
$28,337 CAD
CONTACTS
-
Deno Bistolarides -
Brandon Hanna -
Danny Samona -
Encore Real Estate Investment Services
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CVS - Smithtown, NY | 111 Terry Rd
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