10701 Courthouse Rd - Drug Store FOR SALE


Fredericksburg, VA 22407
$2,850,000 USD
917-336-9067
10701 Courthouse Rd, Fredericksburg, VA for Sale
$2,850,000 USD
Drug Store - FOR SALE
1/7
null | 7.97% Cap Rate

10701 Courthouse Rd
Fredericksburg, VA 22407


HIGHLIGHTS

  • 3 Years Remaining | Value-Add Opportunity | Drive-Thru Equipped
  • Signalized, Hard Corner Intersection | Regional Connectivity
  • Dense Retail Corridor | Strong Surrounding Retail Presence
  • Proximity To Veterans Administration Fredericksburg Health Care Center
  • Direct Residential Consumer Base | Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a CVS property located in Fredericksburg, Virginia. The asset offers approximately 3 years of remaining lease term, providing stable near-term in-place income. The tenant is currently dark, creating a compelling value-add opportunity through future re-tenanting or redevelopment. The existing drive-thru infrastructure enhances flexibility for a wide range of users while reducing future redevelopment costs.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

7.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy (Dark) | Washington DC MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

R2

APN/PARCEL ID

35G-13-5

ASK ABOUT THIS PROPERTY

Nick SantagataSRS National Net LeaseMore Info
917-336-9067

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Nick SantagataSRS National Net LeaseMore Info
917-336-9067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.