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CVS 341 Commack Rd 10,880 SF Retail Building Commack, NY 11725 $4,250,000 ($390.63/SF) 6.52% Cap Rate



Investment Highlights
- Extraordinarily high sales volume CVS -top 1%
- Avg hh income in excess of $162,000
- located on busy corridor, on oversized corner lot with traffic light
Executive Summary
First time offered, this CVS Pharmacy investment at 341 Commack Road in Commack, NY represents a rare opportunity to acquire a high-performing drugstore location along one of Long Island’s strongest retail corridors. The store generates exceptional sales volume, placing it in CVS’s top-performing locations nationwide and reinforcing the strength of the real estate and long-term tenant demand. The property is positioned on heavily trafficked Commack Road, surrounded by dense, affluent residential neighborhoods with average household incomes exceeding $160,000 within one mile. The combination of irreplaceable location fundamentals, proven retail performance, and a newly structured long-term leasehold component makes this offering a compelling acquisition for investors seeking increased depreciation, durable cash flow, supported by real-world operating strength.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,880 SF
Building Class
B
Year Built
2001
Price
$4,250,000
Price Per SF
$390.63
Cap Rate
6.52%
NOI
$277,189
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.72 AC
Zoning
C6 - General Central Commercial District allowing high-bulk, dense development with a mix of uses, including major retail (department stores)
Parking
55 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,800 | |
| Land Assessment | $9,125 | Total Assessment | $15,925 |
Property Taxes
Parcel Numbers
Land Assessment
$9,125
Improvements Assessment
$6,800
Total Assessment
$15,925
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CVS | 341 Commack Rd
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