308 Broadway | Bethpage, NY 11714
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- LoopNet Team
308 Broadway
Bethpage, NY 11714
Retail Property For Sale
Investment Highlights
- CVS has just signed a new 20 year lease extension (plus options) highlighting their commitment to this location.
- Very high volume store with CVS reporting sales consistently above $1,100 psf of selling area (just under $1,000 psf of gross store area).
- Current lease on industrial is mo-mo providing unusual high upside by re-renting at market or subdividing property and selling to user.
- Very rare CVS lease with full 10% increases every 5 years beginning 2028
- Strategic location next to LIRR station ensures continued high store volume.
- Strong demographics
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,490 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Lot Size
1.14 AC
Property Taxes
| Parcel Number | 2489-46-E-00-0700-0 | Improvements Assessment | $1,027 |
| Land Assessment | $13,904 | Total Assessment | $14,931 |
Property Taxes
Parcel Number
2489-46-E-00-0700-0
Land Assessment
$13,904
Improvements Assessment
$1,027
Total Assessment
$14,931
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