341 Commack Rd - Drug Store FOR SALE


Commack, NY 11725
$4,250,000 USD
631-751-4300
341 Commack Rd, Commack, NY for Sale
$4,250,000 USD
Drug Store - FOR SALE
1/4
null | 6.52% Cap Rate

341 Commack Rd
Commack, NY 11725


HIGHLIGHTS

  • Extraordinarily high sales volume CVS -top 1%
  • located on busy corridor, on oversized corner lot with traffic light
  • Avg hh income in excess of $162,000

OVERVIEW

First time offered, this CVS Pharmacy investment at 341 Commack Road in Commack, NY represents a rare opportunity to acquire a high-performing drugstore location along one of Long Island’s strongest retail corridors. The store generates exceptional sales volume, placing it in CVS’s top-performing locations nationwide and reinforcing the strength of the real estate and long-term tenant demand. The property is positioned on heavily trafficked Commack Road, surrounded by dense, affluent residential neighborhoods with average household incomes exceeding $160,000 within one mile. The combination of irreplaceable location fundamentals, proven retail performance, and a newly structured long-term leasehold component makes this offering a compelling acquisition for investors seeking increased depreciation, durable cash flow, supported by real-world operating strength.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$391 USD /SF

CAP RATE

6.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C6

APN/PARCEL ID

0400-225-00-02-00-061-000,0400-225-00-02-00-062-000

ASK ABOUT THIS PROPERTY

John ChiaramonteSelect Investment Properties, Inc.More Info
631-751-4300

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John ChiaramonteSelect Investment Properties, Inc.More Info
631-751-4300

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