For Sale
$11,571,000
4051 Hylan Blvd Staten Island, NY 10308
High-Yield CVS Net Lease, 16+ Years Remaining
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 130
Highlights
- $11,571,000 asking price for a Net Leased CVS Pharmacy.
- 16.2 years remaining on a 25.9-year lease.
- 12,487 square foot building on a 0.97-acre lot in Staten Island, NY.
- Four 5-year lease options with 10% rent increases every 10 years.
- 6.00% cap rate, 6.57% pro-forma cap rate, and $694,000 NOI ($760,095 pro-forma NOI).
Property Details for 4051 Hylan Blvd
- Property type
- Retail properties, Drug stores
- Square Feet
- 12,487 SF
- Class
- A
- Year Built/Renovated
- 2013/2021
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 42,253 SF
- Units
- 1
Location Insight
- City
- Staten Island
- County
- Richmond
- State
- New York
- Latitude
- 40.54112493755
- Longitude
- -74.147223362219
4051 Hylan Blvd, Staten Island, New York
Leaflet | © OpenStreetMap contributors
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FAQs
- What type of property is this?
- Retail property - High-Yield CVS Net Lease, 16+ Years Remaining
- Where is the retail property located?
- The property is located at 4051 Hylan Blvd Staten Island, NY.
- What is the asking price?
- The asking price for this property is $11,571,000.
- What are key features of this property?
- This property features: $11,571,000 asking price for a Net Leased CVS Pharmacy.; 16.2 years remaining on a 25.9-year lease.; 12,487 square foot building on a 0.97-acre lot in Staten Island, NY.
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