2400 George Washington Memorial Hwy - Drug Store FOR SALE
Yorktown, VA 23693 |
$5,962,733 USD
215-531-7026
2400 George Washington Memorial Hwy
Yorktown, VA 23693
HIGHLIGHTS
- Walgreens has operated at this location for over 16 years (since 2009) and maintains a strong lease position with more than 9 years remaining.
- The property features a fully triple-net lease, offering investors a management-free asset with no landlord responsibilities.
- Situated on a substantial 2.6-acre parcel, the property includes a 14,820 SF building, providing ample space and flexibility for retail operations.
- The area boasts a population exceeding 168,000 within a 5-mile radius and an affluent average household income of $122,000 within 1 mile.
- This Walgreens ranks within the top 22% of locations in Virginia, attracting over 304,000 annual visitors, according to Placer.ai data.
FOR SALE DETAILS
PRICE
$5,962,733 USD
PRICE/SF
$402 USD /SF
CAP RATE
8.05%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
2.59 AC
LAND SF
112,820 SF
ZONING
GB
APN/PARCEL ID
S03B-3886-3293
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215-531-7026
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215-531-7026
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