31 W Main St - Drug Store FOR SALE
Radford, VA 24141 |
$2,000,000 USD
215-531-7026
31 W Main St
Radford, VA 24141
HIGHLIGHTS
- CVS Health is a BBB-rated, publicly traded company with over 9,000 locations and $372.8B in 2024 revenue.
- CVS has operated at this location since 2008 (17 years) under a 25- year NNN ground lease guaranteed by corporate.
- Located at a signalized intersection along West Main Street seeing over 18,000 vehicles daily, the property boasts excellent exposure.
- Only pharmacy in the Radford MSA, serving 24,000+ residents with no direct competition. Positioned along Lee Highway (26K VPD) at the bridge entry.
- Situated on 1.9 acres, this property features an 11,970 SF building with Drive Thru and nearly 70 parking spaces.
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$186 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
69
LAND DETAILS
LAND ACRES
1.9 AC
LAND SF
82,764 SF
ZONING
C
APN/PARCEL ID
9-2-SEC-3-1-2-3-4
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215-531-7026
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215-531-7026
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