100 Lake Blvd | Mahopac, NY 10541
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- LoopNet Team
100 Lake Blvd
Mahopac, NY 10541
CVS | TOP 15% NATIONWIDE | 16+ YEAR LEASE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 16+ Year Corporate Backed Lease Featuring 5% Rental Increases at Each Option. 32 Year Historical Occupancy as a Drug Store.
- Strong Tenant - CVS Health (NYSE: CVS) features a S&P Investment Grade Credit Rating of “BBB” and is Ranked #6 on the Fortune 500 List.
- Strong Performing Location: has been Operating as a Drugstore for more than 30 Years, with CVS previously reporting Sales Consistently North of $15M.
- Strong Commitment to the Location: CVS Exercised Multiple Options and Recently Extended the Term 18+ Years in 2021.
- Located Adjacent to Lake Mahopac - this Prime Spot benefits from Stunning Waterfront Views and Steady Foot Traffic, attracting Locals and Visitors.
- Top 15% in the Chain per Placer.ai.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,402 SF
Building Class
C
Year Built/Renovated
1970/1992
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
PROPERTY TAXES
| Parcel Number | 372000-076-030-0001-023-000-0000 | Improvements Assessment | $810,500 |
| Land Assessment | $577,500 | Total Assessment | $1,388,000 |
PROPERTY TAXES
Parcel Number
372000-076-030-0001-023-000-0000
Land Assessment
$577,500
Improvements Assessment
$810,500
Total Assessment
$1,388,000
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