4051-4055 Hylan Blvd - Drug Store FOR SALE


Staten Island, NY 10308- Eltingville
$10,680,923 USD
332-345-4220
4051-4055 Hylan Blvd, Staten Island, NY for Sale
$10,680,923 USD
Drug Store - FOR SALE
1/2
null | 6.5% Cap Rate

4051-4055 Hylan Blvd
Staten Island, NY 10308
Eltingville


HIGHLIGHTS

  • Long-Term NN Investment with Options
  • Attractive Rental Increases In Option Periods
  • Strong Store Performance via Placer. Ai

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a CVS Pharmacy located at 4055 Hylan Blvd, Staten Island, NY 10308. The site consists of roughly 12,487 rentable square feet of building space on an estimated 0.97-acre parcel of land. This CVS Pharmacy is subject to a 25-year Double (NN) lease, with an initial term expiring on 1/31/2041. The current annual rent is $694,260 and has scheduled increases of 10% rental increases in first and third option periods.

FOR SALE DETAILS

PRICE

$10,680,923 USD

PRICE/SF

$855 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

R3A

APN/PARCEL ID

05276-0012

ASK ABOUT THIS PROPERTY

Richard NardiNNN Pro GroupMore Info
332-345-4220

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Richard NardiNNN Pro GroupMore Info
332-345-4220

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