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111 Terry Rd
Smithtown, NY 11787
CVS - Smithtown, NY · Retail Property For Sale


Investment Highlights
- For Sale: NNN CVS Pharmacy in Smithtown, NY - Corporately Guaranteed
- On-Site Parking with 28 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
$4,299,000
Price Per SF
$424.59
Cap Rate
5.71%
NOI
$245,470
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.40 AC
Zoning
Commercial
Parking
28 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 0800-106-00-05-00-012-007 | Improvements Assessment | $18,800 |
| Land Assessment | $1,400 | Total Assessment | $20,200 |
Property Taxes
Parcel Number
0800-106-00-05-00-012-007
Land Assessment
$1,400
Improvements Assessment
$18,800
Total Assessment
$20,200
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