Retail Space /VA /Petersburg County /Petersburg /3298 S Crater Rd
Retail Space /VA /Petersburg County /Petersburg /3298 S Crater Rd

3298 S Crater Rd - Drug Store FOR SALE


Petersburg, VA 23805 | 
$2,765,000 USD
646-805-1438
3298 S Crater Rd, Petersburg, VA for Sale
$2,765,000 USD
Drug Store - FOR SALE
1/10
null | 8.5% Cap Rate
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3298 S Crater Rd
Petersburg, VA 23805

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HIGHLIGHTS

  • 5+ Years Lease Term Remaining | Extensive Renewal Options
  • Absolute NNN Lease | Zero Landlord Obligations
  • Prime Corner Location | Strong Visibility and Accessibility
  • Dense Retail Corridor

OVERVIEW

More than five years remain on the primary lease term, with ten (10) 5-year renewal options providing both near-term stability and long-term flexibility

FOR SALE DETAILS

PRICE

$2,765,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

CROSS STREETS

Crater Circle

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

B-1

APN/PARCEL ID

088-01-0814

ASK ABOUT THIS PROPERTY

Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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

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