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| Price $4,650,000 | Built/Renov 1997 | Tenant CVS |
| Cap Rate 5.28% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,125
| Lease Start
07-17-1997
| #Units
9,144
|
| Price/SF $459.26 | Expiration
01-30-2029
| Tenant Type Pharmacy |
| NOI $245,470 | R. Term 3.3 | Ownership Fee Simple |
| Rent/SF
$24.24
| Increases 8.0%/6/yrs | Pop 5Mi 199,434 |
| Lot/AC 1.40 | Options 2/5yrs/8% | AHHI 5Mi $151,661 |
| | |
CVS is strategically located at the intersection of Terry Road and Smithtown Bypass (NY-347), with combined traffic counts exceeding 63,000 vehicles per day. The property is positioned along a major thoroughfare in Smithtown, a highly affluent Long Island suburb within the New York Metro area. It is surrounded by national retailers including Starbucks, Chase Bank, and Stop & Shop, contributing...
...Recent building upgrades
Roof guarantee
Major thoroughfare
Highway location
Dense 100M+ pop 5 mi
Major MSA
Long operation history
Accelerated depreciation
Traded and rated company
Publicly traded company
CVS Pharmacy, Inc. is an American retail corporation and is the largest pharmacy chain in the United States by number of locations and total prescription revenue. CVS sells prescription drugs and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 8,489 | 74,790 | 209,137 |
| 2025 Total Population : | 8,550 | 75,232 | 209,659 |
| 2025 Employed Civilian Pop : | 4,457 | 38,175 | 105,637 |
| 2025 Total Businesses : | 817 | 3,617 | 9,602 |
| 2025 Average Household Income : | $ 177,473 | $ 176,798 | $ 166,923 |
| 2025 Total Consumer Spending : | $ 426 M | $ 3884 M | $ 9495 M |
| 2025 Median Age : | 45 | 46 | 42 |
| 2025 Total Households : | 2,906 | 26,413 | 68,071 |
| 2025 Pop Age 25+: Bachelor's Degree : | 1,837 | 15,061 | 34,836 |
| 2025 Average Home Value : | $ 692,191 | $ 689,436 | $ 663,121 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Terry Rd | Larsen Ave | 2017 | 9,478 | 0.06 mi |
| Terry Road | Elizabeth Ave | 2021 | 9,327 | 0.08 mi |
| Smithtown Byp | Hallock Ave | 2014 | 52,374 | 0.24 mi |
| Terry Rd | John Jones Ln | 2014 | 10,100 | 0.28 mi |
| Fairview St | 2021 | 60 | 0.28 mi | |
| Middle Country Road | Fifty Acre Rd S | 2021 | 18,069 | 0.37 mi |
| Highway Pl | Smithtown Byp | 2014 | 43,541 | 0.46 mi |
| Smithtown Byp | Helen Ave | 2010 | 52,776 | 0.68 mi |
| Southern Boulevard | Neslo Dr | 2021 | 4,145 | 0.69 mi |
| Smithtown Blvd | 2021 | 117 | 0.75 mi |
Dover, NH
Cap Rate 5.00%
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Size/SF 14,698
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Cap Rate 5.77%
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Irvington, NJ
Cap Rate 5.75%
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New Braunfels, TX
Cap Rate 5.75%
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Size/SF 13,038
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
