BACK TO MARKET CVS w Drive-Thru - 1.2 Acres | 111 Depot Rd
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BACK TO MARKET CVS w Drive-Thru - 1.2 Acres 111 Depot Rd
11,865 SF Retail Building Huntington Station, NY 11746 £3,781,842 (£319/SF) 6% Net Initial Yield
Executive Summary
-BACK TO MARKET - REDUCED PRICING - RECENT 12-YEAR EARLY EXTENSION.
-Prime Western-Suffolk County Long Island location - 30 miles east of Manhattan - Just off Route 110 in Huntington Station.
-Extremely High-Density - High barrier-to-entry location.
-Hard southwest corner of the five-way signalized intersection with entrances to the lot from both Depot and E Pulaski Roads.
-Corporate Lease - CVS has operated successfully at this location since 2001.
-Very high average household income - just under $200k within 5 miles.
-Prime Western-Suffolk County Long Island location - 30 miles east of Manhattan - Just off Route 110 in Huntington Station.
-Extremely High-Density - High barrier-to-entry location.
-Hard southwest corner of the five-way signalized intersection with entrances to the lot from both Depot and E Pulaski Roads.
-Corporate Lease - CVS has operated successfully at this location since 2001.
-Very high average household income - just under $200k within 5 miles.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,865 SF
Building Class
B
Year Built
2001
Price
£3,781,842
Price Per SF
£319
Net Initial Yield
6%
NOI
£226,911
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
1.20 AC
Parking
50 Spaces (4.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Signage
- Signalised Intersection
- Drive Thru
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0400-146-00-02-00-047-001 | Improvements Assessment | £8,098 |
| Land Assessment | £4,421 | Total Assessment | £12,519 |
PROPERTY TAXES
Parcel Number
0400-146-00-02-00-047-001
Land Assessment
£4,421
Improvements Assessment
£8,098
Total Assessment
£12,519
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BACK TO MARKET CVS w Drive-Thru - 1.2 Acres | 111 Depot Rd
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