Pharmacy in the west of New York state

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Pharmacy in the west of New York state

$4,216,000
$4,485 /m²
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  • Total area
    940 m²
  • Yield
    5.0%
Details
Property parameters
  • Land area: 3,342 m²
Financial performance
  • Annual income: $210,810
Tenants
  • Fully let

It is a pharmacy, located in one of the small towns on the shore if Lake Erie, New York state.

Description

The total area is 940 m².

The plot of 3,342 m².

The pharmacy was built by the tenant project and is fully leased out.

Financial performance

Absolute income is 210,800 $.

The current yield of 5%.

Tenants

Tenant is a CVS — one of the largest pharmacy health care providers in the US and one of the three key players in drugstore business.

The annual turnover of the company exceeded $ 130 billion and operating income for 2014 amounted to $ 8.8 billion.

The lease agreement is signed until 2025.

The lease agreement is NNN, all operating and maintenance costs are borne by the lessee, including roof and structure.

More properties

If this property wasn’t for you, take a look at other retail space for sale in New York.

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    Marina Filichkina,
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