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Walgreens 3590 Virginia Ave

13,479 SF Retail Building Collinsville, VA 24078 $5,408,251 CAD ($401 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

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Walgreens in Collinsville, VA. We welcome your review of this attractive investment

Property Facts

Sale Type

Investment NNN

Sale Condition

Build to Suit

Property Type

Retail

Property Subtype

Drug Store

Building Size

13,479 SF

Building Class

Year Built

2008

Price

$5,408,251 CAD

Price Per SF

$401 CAD

Cap Rate

6.50%

NOI

$351,493 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.19

Lot Size

1.59 AC

Zoning

Parking

70 Spaces (5.19 Spaces per 1,000 SF Leased)

Amenities

Pylon Sign

Signage

Signalized Intersection

Drive Thru

MAJOR TENANTS

Retailer
14,724 SF
-
Net
Feb 2039

Walgreens est une destination de santé locale fiable et pratique sur laquelle des millions d'Américains comptent chaque jour. Leur fondateur, Charles R. Walgreen père, était connu pour avoir trouvé de nouvelles façons de communiquer avec les clients sur un plan personnel et pour traiter chaque personne comme un invité dans sa propre maison. Depuis plus d'un siècle, ils ont élargi ce lien personnel grâce à leur réseau de pharmacies de quartier et à leurs produits et services de santé novateurs. Le fondement de tout cela repose sur leur expertise pharmaceutique de confiance et les membres de leur équipe qui fournissent des soins essentiels qui aident les gens à obtenir de meilleurs résultats en matière de santé à un coût abordable.