111 Terry Rd - Drug Store FOR SALE


Smithtown, NY 11787
$4,299,000 USD
516-393-2300
111 Terry Rd, Smithtown, NY for Sale
$4,299,000 USD
Drug Store - FOR SALE
1/8
null | 5.71% Cap Rate

111 Terry Rd
Smithtown, NY 11787


HIGHLIGHTS

  • For Sale: NNN CVS Pharmacy in Smithtown, NY - Corporately Guaranteed
  • Lease Began in 1997 and Expires in 2029 with (2) 5-Year Options to Extend
  • On-Site Parking with Approx. 90 Spaces
  • Situated Between the Smithtown Bypass and Middle Country Rd

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,299,000 USD

PRICE/SF

$425 USD /SF

CAP RATE

5.71%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS - Smithtown, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

Commercial

APN/PARCEL ID

0800-106-00-05-00-012-007

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.