CVS For Sale-Bellmore NY! · Bellmore NY See Location on Map
Gendron Commercial is pleased to present to you a NN property available, leased to CVS, located at 2660 Jerusalem Ave, Bellmore, NY.
Bellmore is located in Nassau County NY and is 27 miles East of Manhattan. This market is an extremely dense area with 201,132 people within 3 miles.
CVS has been operating at the site since 1997, when the building was built. The building is 10,125 SF. CVS has shown commitment to this site by recently extending the lease for an additional 20 years effective 2/1/2018 and expiring 1/31/2038. CVS has (1) 5 year renewal option left. The lease is a double net lease with the landlord responsible for the roof and structure. The building comes with a new silicone roof and 20-year warranty. Building sits on .41 acres of land.
NOI $236,500
CVS has strong sales at this site reporting $11.72M in 2015 and $12.5M in 2016.
Property is located at a signalized intersection and has 23,000 cars a day. Surrounding retailers include Stop & Shop, Rite Aid, Dunkin Donuts, 7Eleven, BP and more!
Asking Price $4,800,000
Cap Rate 5%
Call John Today at 207-939-8500!
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