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Walgreens 3590 Virginia Ave
15,314 SF Retail Building Collinsville, VA 24078 $5,441,733 CAD ($355 CAD/SF) 6.50% Cap Rate
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INVESTMENT HIGHLIGHTS
- Great access & visibility from signalized corner intersection | Virginia Ave & King Mountain Rd | 36,000VPD combined
- Absolute Net Lease | Zero landlord responsibilities
- Top 74th percentile of Walgreens in Virginia per Placer.ai
- New 15 Year Lease Extension | Showing tenant commitment to the site | Leased since 2008
- Corporate lease | Walgreen Co | 8,886 locations across the US
- Large parcel | 1.59 acres
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 14,724 SF
- -
- Net
- Feb 2039
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Retailer | 14,724 SF | - | Net | Feb 2039 |
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 015840001 | Improvements Assessment | $3,202,548 CAD |
Land Assessment | $776,266 CAD | Total Assessment | $3,978,814 CAD |
PROPERTY TAXES
Presented by
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Walgreens | 3590 Virginia Ave
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