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Investment Highlights

  • For Sale: NNN CVS Pharmacy in Smithtown, NY - Corporately Guaranteed
  • On-Site Parking with Approx. 90 Spaces
  • Lease Began in 1997 and Expires in 2029 with (2) 5-Year Options to Extend
  • Situated Between the Smithtown Bypass and Middle Country Rd

Executive Summary

American Investment Properties is retained to sell the property located at 111 Terry Rd, Smithtown, NY. At this location is a NNN CVS Pharmacy that is corporately guaranteed.
This property is situated close to major highways and has ample on-site parking spaces for customers.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built
1997
Price
$4,299,000
Price Per SF
$424.59
Cap Rate
5.71%
NOI
$245,470
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.40 AC
Zoning
Commercial
Parking
90 Spaces (8.89 Spaces per 1,000 SF Leased)
Frontage
81’ on Terry Rd

Amenities

  • Signage
  • Signalized Intersection
  • Drive Thru
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Chase Bank
Toyota
TD Ameritrade
Flagstar
TD Bank
Apple Bank
Bank of America
LA Fitness
The Fresh Market
Dime Community Bank

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: 40620967

  • Date on Market: 10/28/2025

  • Last Updated:

  • Address: 111 Terry Rd, Smithtown, NY 11787

Contact the Sale Advisor

CVS - Smithtown, NY | 111 Terry Rd

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