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CVS - Smithtown, NY 111 Terry Rd 10,125 SF Retail Building Smithtown, NY 11787 $4,350,000 ($429.63/SF) 5.64% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Pride of Ownership CVS: Extremely High Barriers to Entry
  • Suffolk County is New York's Second Largest County
  • Prototypical Free-Standing Building with Drive-Thru
  • Attractive Cost of Occupancy - $24 per sqft
  • $129,000+ Household Income - 1 Mile
  • Corporate Backed Lease – CVS Health | S&P Credit Rating "BBB"

EXECUTIVE SUMMARY

Pride of Ownership CVS: Extremely High Barriers to Entry

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built
1997
Price
$4,350,000
Price Per SF
$429.63
Cap Rate
5.64%
NOI
$245,469
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.46 AC
Parking
28 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
171’ on Terry Road

AMENITIES

  • 24 Hour Access
  • Signage
  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

The Greene Turtle Sports Bar& Grille
Toyota
Chase Bank
Flagstar
TD Bank
TD Ameritrade
Apple Bank
Bank of America
LA Fitness
The Fresh Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0800-106-00-05-00-012-007
Land Assessment
$1,400
Improvements Assessment
$18,800
Total Assessment
$20,200
  • Listing ID: 38242006

  • Date on Market: 10/28/2025

  • Last Updated:

  • Address: 111 Terry Rd, Smithtown, NY 11787

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