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7900 W Broad St
Richmond, VA 23294
Recent 10-Yr Ext | Close to 2 Major Hospitals · Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- In 2019, Walgreens renewed its first 5-yr option. In 2024, Walgreens restructured its lease early, extending the firm lease term to 2034.
- Within 3.5 miles there are currently over 350 new units under construction (The Commonwealth Building and West Chase Townhomes).
- There is more than 4.8 million square feet of existing retail space within 2 miles of the property.
- Henrico Doctors' Hospital (340 Beds) and Parham Doctors' Hospital (200 Beds) are both within 2 miles of the property.
- Situated at the signalized intersection of W Broad St and Hungary Spring Rd with a combined traffic count of 37,000 vehicles per day.
RÉSUMÉ DE L'ANNONCE
We are pleased to market for sale the Walgreens property located at 7900 W Broad St, Richmond, VA 23294 ("The Property"). Walgreens has been operating at the site for 26 years and has over 9 years of firm term remaining before the 5 (5-year) option periods.
Walgreens has been operating at this location since 1999, and in 2019, Walgreens renewed its first 5-year option. In 2024, Walgreens restructured its lease early, extending the firm lease term to 2034, demonstrating the tenant's long-term commitment to the location.
Multiple major medical institutions, including Henrico Doctors’ Hospital and Parham Doctors’ Hospital, are located within 2 miles of the Property. With over 540 beds combined, these hospitals are key healthcare providers for the region, supporting consistent pharmacy demand and reinforcing Walgreens' strategic placement.
The Property also benefits from ongoing residential development, with projects such as The Commonwealth Building and West Chase Townhomes bringing over 355 new residential units to the area. Strategically situated at the signalized intersection of West Broad Street and Hungary Spring Road, the Property benefits from excellent visibility and accessibility, with a combined traffic count exceeding 37,000 vehicles per day.
Walgreens has been operating at this location since 1999, and in 2019, Walgreens renewed its first 5-year option. In 2024, Walgreens restructured its lease early, extending the firm lease term to 2034, demonstrating the tenant's long-term commitment to the location.
Multiple major medical institutions, including Henrico Doctors’ Hospital and Parham Doctors’ Hospital, are located within 2 miles of the Property. With over 540 beds combined, these hospitals are key healthcare providers for the region, supporting consistent pharmacy demand and reinforcing Walgreens' strategic placement.
The Property also benefits from ongoing residential development, with projects such as The Commonwealth Building and West Chase Townhomes bringing over 355 new residential units to the area. Strategically situated at the signalized intersection of West Broad Street and Hungary Spring Road, the Property benefits from excellent visibility and accessibility, with a combined traffic count exceeding 37,000 vehicles per day.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
13 831 pi²
Classe d’immeuble
C
Année de construction
1999
Prix
6 193 146 $ CAD
Prix par pi²
447,77 $ CAD
Taux de capitalisation
7,25%
Revenu net d’exploitation
449 003 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,22
Taille du lot
1,45 AC
Zonage
B-3
Stationnement
58 places (4,19 places par 1 000 pi² loué)
Façade
COMMODITÉS
- Ligne d'autobus
- Enseigne sur pylône
- Affichage
Impôts fonciers
| Numéro de lot | 764-751-8479 | Évaluation des bâtiments | 2 758 156 $ CAD |
| Évaluation du terrain | 1 631 627 $ CAD | Évaluation totale | 4 389 782 $ CAD |
Impôts fonciers
Numéro de lot
764-751-8479
Évaluation du terrain
1 631 627 $ CAD
Évaluation des bâtiments
2 758 156 $ CAD
Évaluation totale
4 389 782 $ CAD
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