NNN CVS Pharmacy in Smithtown, NY
111 TERRY RD, SMITHTOWN, NEW YORK 11787
Executive Summary:
| Price: | $4,299,000 |
| Building Size: | 10,125 SF |
| Property Type: | Retail |
| Lot Size: | 1.40 Acres |
| Year Built: | 1997 |
| Cap Rate: | 5.71% |
| NOI: | $245,470 |
| Location: |
111 Terry Rd, Smithtown, NY 11787
|
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
About Smithtown, NY
- Legend & Landmarks: The town was established in 1665 and is named after founder Richard “Bull” Smith, who—according to legend—claimed the land by riding a bull for an entire day. The “Whisper the Bull” monument is a beloved local landmark.
- Geography & Layout: The broader township covers over 111 square miles and includes six main hamlets (Kings Park, St. James, Nesconset, Commack, Hauppauge, and Smithtown) as well as three incorporated villages.
- Parks & Recreation: Known as a “Tree City USA,” Smithtown boasts expansive outdoor spaces. Popular spots include Caleb Smith State Park Preserve (ideal for hiking and fishing) and Hoyt Farm Nature Preserve (a great local destination for families).
- Commuting: Residents have easy access to NYC via three Long Island Rail Road (LIRR) stations, with express commutes to Penn Station taking about 90 minutes.
Contact Broker
Ron Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300
(F) 516.390.5780
