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100 Lake Blvd
Mahopac, NY 10541
CVS · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Recent 20 Year Extension: CVS Executed a brand new 20-year extension in 2021
  • Long Term Lease: There are currently ±17.50 years remaining on the initial lease term, which runs through September, 2041.
  • Investment Grade Credit: Lease is corporately guaranteed by CVS (NYSE: CVS)
  • High Performing Location: This location has been operating as a drugstore for 30+ years
  • Passive Ownership: NNN lease structure, with limited landlord responsibilities.
  • Strong Demographics: Strong market ±50 miles outside New York City, with local HH income over $100,000.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,402 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.00 AC
Zoning
C
Parking
50 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
337’ on Route 6

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
372000-076-030-0001-023-000-0000
Land Assessment
$577,500
Improvements Assessment
$810,500
Total Assessment
$1,388,000
  • Listing ID: 31291316

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 100 Lake Blvd, Mahopac, NY 10541

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