7039 Mechanicsville Tpke - Drug Store FOR SALE


Mechanicsville, VA 23111
$7,573,000 USD
202-286-1542
7039 Mechanicsville Tpke, Mechanicsville, VA for Sale
$7,573,000 USD
Drug Store - FOR SALE
1/8
null | 7.5% Cap Rate

7039 Mechanicsville Tpke
Mechanicsville, VA 23111


HIGHLIGHTS

  • Over 10 Years Remaining | Corporate Signed | Interstate 295 (98,000 VPD)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Hanover Village (130,000 SF) | Hanover Square (268,000 SF) |Hanover Square North (82,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

• Over 10 years remaining with 10 (5-year) option periods to extend • Lease is corporate signed by Walgreens Co. • Located just east of Interstate 295, a major north/south travelling highway averaging 98,000 vehicles passing by daily

FOR SALE DETAILS

PRICE

$7,573,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens - Richmond (Mechanicsville) VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

B3

APN/PARCEL ID

8714-98-2353

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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