308 Broadway - Freestanding FOR SALE
Bethpage, NY 11714 |
308 Broadway
Bethpage, NY 11714
HIGHLIGHTS
- CVS has just signed a new 20 year lease extension (plus options) highlighting their commitment to this location.
- Very rare CVS lease with full 10% increases every 5 years beginning 2028
- 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).
- Strategic location next to LIRR station ensures continued high store volume.
- Current lease on industrial is mo-mo providing unusual high upside by re-renting at market or subdividing property and selling to user.
- Strong demographics
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
24490
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
2489-46-E-00-0700-0
