Your email has been sent.
CVS 2712 Peters Creek Rd 11,970 SF Retail Building Roanoke, VA 24019 $5,146,486 CAD ($429.95 CAD/SF) 7.75% Cap Rate
Investment Highlights
- Adjacent to 216-unit Smith Ridge Commons apartments, opening 2026, driving daily-needs demand.
- Signalized intersection with ±28,100 VPD; direct access to I-581 and I-81.
- Corporate guarantee from CVS Health (NYSE: CVS), one of the largest pharmacy companies in the U.S.
- $75.8M Roanoke County Career & Technology Center opening Fall 2026 along Peters Creek Road.
- Absolute NNN lease — no landlord responsibilities; ideal for 1031 exchange investors.
- ±2.28-acre parcel with drive-thru, multiple ingress/egress points, and strong road frontage.
Executive Summary
License # 225225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, and the CVS name followed the next year. Pharmacies were added to CVS stores in Cranston, Rhode Island, and the business later became part of CVS Health, which expanded the enterprise into retail pharmacy, prescription benefits, and related health services. CVS Pharmacy operates as a retail pharmacy chain with neighborhood, mail-order, and specialty pharmacy services, plus prescription delivery and savings support. The company sells over-the-counter medicines, beauty products, seasonal merchandise, and convenience foods, and offers in-store and virtual care through MinuteClinic and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 037.17-01-04.01-0000 | Improvements Assessment | $1,690,868 CAD |
| Land Assessment | $905,086 CAD | Total Assessment | $2,595,954 CAD |
Property Taxes
Presented by
CVS | 2712 Peters Creek Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.