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CVS Pharmacy 6702 Fort Hamilton Pky 11,981 SF Retail Building Brooklyn, NY 11219 $8,000,000 ($667.72/SF) 5.23% Cap Rate
Investment Highlights
- Generational Real Estate in Brooklyn New York
- Investment Grade Tenant - Standard & Poor’s Credit Rating - “BBB+”
- One (1), Ten Year Option to Renew with 10% Rental Escalation
- Absolute Net Lease Structure | Zero Landlord Responsibilities
- Established Location - In Operation Since 1999
- Population Exceeds 166,144 People Within a 1 Mile Radius with an Average Household Income of $58,309
Executive Summary
Generational Real Estate in Brooklyn New York
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,981 SF
Building Class
C
Year Built
2001
Price
$8,000,000
Price Per SF
$667.72
Cap Rate
5.23%
NOI
$418,733
Tenancy
Single
Building Height
1 Story
Building FAR
0.72
Lot Size
0.38 AC
Zoning
R5 - a low-density residential zoning district that allows for a variety of housing
Frontage
127’ on Fort Hamilton Pky
Amenities
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 05764-1002 | Improvements Assessment | $206,231 |
| Land Assessment | $6,536 | Total Assessment | $212,767 |
Property Taxes
Parcel Number
05764-1002
Land Assessment
$6,536
Improvements Assessment
$206,231
Total Assessment
$212,767
Contacts
-
Deno Bistolarides -
Brandon Hanna -
Tommy Hannawa -
Harry Tawil -
Encore Real Estate Investment Services
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CVS Pharmacy | 6702 Fort Hamilton Pky
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