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CVS - Smithtown, NY 111 Terry Rd 10,125 SF Retail Building Smithtown, NY 11787 $5,924,624 CAD ($585.15 CAD/SF) 5.71% Cap Rate



Investment Highlights
- For Sale: NNN CVS Pharmacy in Smithtown, NY - Corporately Guaranteed
- On-Site Parking with Approx. 90 Spaces
- Lease Began in 1997 and Expires in 2029 with (2) 5-Year Options to Extend
- Situated Between the Smithtown Bypass and Middle Country Rd
Executive Summary
American Investment Properties is retained to sell the property located at 111 Terry Rd, Smithtown, NY. At this location is a NNN CVS Pharmacy that is corporately guaranteed.
This property is situated close to major highways and has ample on-site parking spaces for customers.
This property is situated close to major highways and has ample on-site parking spaces for customers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,125 SF
Building Class
B
Year Built
1997
Price
$5,924,624 CAD
Price Per SF
$585.15 CAD
Cap Rate
5.71%
NOI
$338,292 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.40 AC
Zoning
Commercial
Parking
90 Spaces (8.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0800-106-00-05-00-012-007 | Improvements Assessment | $25,751 CAD |
| Land Assessment | $1,918 CAD | Total Assessment | $27,669 CAD |
Property Taxes
Parcel Number
0800-106-00-05-00-012-007
Land Assessment
$1,918 CAD
Improvements Assessment
$25,751 CAD
Total Assessment
$27,669 CAD
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CVS - Smithtown, NY | 111 Terry Rd
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