2460 George Washington Memorial Hwy - Drug Store FOR SALE
Hayes, VA 23072 |
2460 George Washington Memorial Hwy
Hayes, VA 23072
HIGHLIGHTS
- Rite Aid recently executed a 10-year lease extension with increases in the primary term and extension options.
- Includes a 11.7% rental increase at the first extension option.
- This is an absolute net lease with no landlord responsibilities whatsoever.
- 20 years of operating history with strong customer base.
- Across from Walgreens making this a strategic location.
- Directly on George Washington Mem. Hwy, only connection to Norfolk-Virginia Beach-Newport News MSA, one of the strongest military bases in the country
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Rite Aid NNN 11.5 Yrs Rental Increases
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
13813
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
47
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
14378
