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Walgreens 3590 Virginia Ave 14,724 SF Retail Building Collinsville, VA 24078 $5,150,442 CAD ($349.80 CAD/SF) 6.50% Cap Rate
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 | 8,700+ 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
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,724 SF
Building Class
B
Year Built
2008
Price
$5,150,442 CAD
Price Per SF
$349.80 CAD
Cap Rate
6.50%
NOI
$334,738 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.59 AC
Zoning
Commercial
Parking
70 Spaces (4.75 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 015840001 | Improvements Assessment | $3,070,815 CAD |
| Land Assessment | $744,335 CAD | Total Assessment | $3,815,150 CAD |
Property Taxes
Parcel Number
015840001
Land Assessment
$744,335 CAD
Improvements Assessment
$3,070,815 CAD
Total Assessment
$3,815,150 CAD
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Walgreens | 3590 Virginia Ave
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