1031 Exchange

Smithtown, NY 1031 Exchange Properties for Sale

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Drugstore with NNN Lease
Updated: Oct 27
Drugstore with NNN Lease

109 Terry Rd, Smithtown, NY 11787

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10,125 sqft
10,125‑square‑foot drugstore leased to CVS Health
Corporate guarantee backs the lease
Absolute NNN lease with no landlord responsibilities
8.0% rent increases at each 5‑year option
27 continuous years of operation at this location
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1 active listing matches your search: 1031 Exchange for sale in Smithtown, NY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Ten-Tenant Mixed-Use Building
Ten-Tenant Mixed-Use Building

17 Maple Drive, Great Neck, NY 11021

$8,990,000
29,808 sqft

Fully occupied with five retail and five office tenants in the Business “B” District.

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1031 Exchange Property, Mixed-Use Building
1031 Exchange Property, Mixed-Use Building

17 Maple Drive, Great Neck, NY 11021

$8,990,000
0.23 AC lot

Fully occupied commercial building combines retail and office tenancy near the LIRR in Great Neck Plaza.

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New Five-Unit Apartment Building
New Five-Unit Apartment Building

281 Greenwich Avenue, Stamford, CT 06902

$2,599,000
5,760 sqft 0.23 AC lot

Recently built residences feature three-bedroom layouts, private laundry, central air, and shared parking.

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5-Unit New Construction Apartment Building
5-Unit New Construction Apartment Building

281 Greenwich Avenue, Stamford, CT 06902

$2,599,000
5,760 sqft 0.23 AC lot

Five three-bedroom residences offer three bathrooms, in-unit laundry, attic storage, and separate utility systems.

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Smithtown, NY 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Smithtown, NY on our real estate platform. These investment opportunities span a total of 10,125 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 2
1031 exchange properties 1

Demographics Overview

Population 52K
Population Growth (5Y) +3.5%
Median Household Income $143,963
College Educated 72.7%

Listings Trend

New vs delisted commercial listings in Suffolk County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Smithtown fall within the 5,000 to 10,000 square foot range.

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