Listed by American Investment Properties
$4,299,000
NNN CVS Pharmacy in Smithtown, NY
Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 10,125
Cap Rate 5.71%
NOI $245,470
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Options (2) 5-Year Options
Price per SqFt $425
Year Built 1997
Lot Size (SqFt) 63,504
Parking Spaces 90 spaces
Parking per 1,000 SqFt 8.89
Ground Lease No
Corporately Guaranteed NNN CVS
Marketing description
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.
Investment 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
Listing Contacts
Listed by American Investment Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$245,470.00
$20,455.83/mo
Valuation Metrics
0
DSCR
5.71%
Cap Rate
5.71%
ROI
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Property History
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