Walgreens - 7039 Mechanicsville Tpke

Mechanicsville, VA 23111

• NNN Property
• Retail for Sale
• $8,897,657 CAD
• 14,470 SF

Mechanicsville Retail for Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, Absolute NNN leased, Walgreens located at 7039 Mechanicsville Turnpike in Mechanicsville, Virginia (the “Property). Walgreens has been at the Property since its construction in 2011 and has 10+ years remaining on an absolute triple-net lease with ten (10), 5-year renewal options. The Property occupies a highly visible corner location at the signalized intersection of Lee Davis Road and Mechanicsville Turnpike (US Route 360), one of the area’s most heavily traveled retail and commuter corridors. Benefiting from prominent frontage, dual access points, and strong daily traffic counts, the site offers excellent accessibility and exposure to consumers throughout the Mechanicsville trade area. Positioned as an outparcel to Hanover Village, a regional shopping destination anchored by Aldi and Tractor Supply Co, the Property also sits immediately adjacent to Publix, further reinforcing the corridor’s retail strength. The surrounding area features a significant concentration of national retailers, restaurants, service businesses, and nearby schools that collectively generate consistent consumer activity. Dense residential development throughout the surrounding neighborhoods provides a stable and affluent customer base, while convenient access to Interstate 295, located approximately 1.25 miles away, and proximity to Downtown Richmond, just 8.5 miles southwest, enhance the Property’s long-term commercial appeal and regional connectivity.

Contact:

Horvath & Tremblay

Property Subtype:

Drug Store

Date on Market:

2025-10-10

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Fox & Hound - 11581 Robious Rd

Richmond, VA 23235

• NNN Property
• Retail for Sale
• $4,934,440 CAD
• 9,396 SF

Richmond Retail for Sale - Stony Point/Huguenot

This single-tenant building is currently occupied by 123 DZO SPORTS BAR continuing the use of the building since it was built originally for Bailey's Sports Bar and later operated as the Fox & Hound Sports Bar. The abundant parking and amazing food and bar service areas have consistently delivered customer satisfaction in every detail. Patio bar and dining expand the usable square footage beyond the fully air-conditioned structure. Cable TV feeds supply a full array of sports and event coverage for the customers. Follow this YouTube link for a quick 360-look at the inside. https://youtu.be/TOI6-EQ5eyU

Contact:

NetWorks Commercial Real Estate

Property Subtype:

Restaurant

Date on Market:

2026-06-08

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Prime Investment Opportunity - 1220 N 25th St

Richmond, VA 23223

• NNN Property
• Retail for Sale
• $2,140,660 CAD
• 7,640 SF

Richmond Retail for Sale - East End

Introducing a prime opportunity for Retail / Street Retail investors in the heart of Richmond. Centrally located within close proximity to downtown Richmond, major employers, universities, and regional transportation routes. Single Tenant Family Dollar - 10+ years of term.

Contact:

Kin Properties, Inc.

Property Subtype:

Freestanding

Date on Market:

2026-05-19

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Sheetz - Richmond (Short Pump) VA - 11500 W Broad St

Richmond, VA 23233

• NNN Property
• Retail for Sale
• $10,996,752 CAD
• 4,959 SF

Richmond Retail for Sale - Far West End

• The tenant recently signed a brand new 20-year lease with 7 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rent increases every five years beginning year 11 • Founded in 1952, Sheetz is among America’s fastest-growing, family-owned and operated convenience store chains with over 800 locations. Implied investment grade credit; #43 Forbes Top Private Companies

Contact:

SRS Real Estate Partners

Property Subtype:

Convenience

Date on Market:

2026-05-15

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Clay Suites - 3117 W Clay St

Richmond, VA 23230

• NNN Property
• Office for Sale
• $7,331,168 CAD
• 14,039 SF

• Natural Light

Richmond Office for Sale - Near West End

One South Commercial is pleased to present for sale the office building located at 3117 West Clay Street. Take advantage of this incredible opportunity to buy a cash flowing asset at an attractive cap rate in the heart of Scotts Addition. Current ownership renovated the property in 2020 and has been fully occupied with a stable tenant base ever since. All leases are NNN protecting the new owner from increased cost or tax assessments. Rents are arguably below market for this location with excellent parking. Opportunities like this don’t come around often.

Contact:

One South Commercial

Property Subtype:

Loft/Creative Space

Date on Market:

2026-05-05

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Aldi - Richmond VA MSA - 10310 Washington Hwy

Glen Allen, VA 23059

• NNN Property
• Retail for Sale
• $6,076,410 CAD
• 20,000 SF

Glen Allen Retail for Sale - I-95 North/Ashland

ALDI recently signed a new 20-year lease with 6 (5-year) options to extend. This corporate guaranteed lease by ALDI, Inc. features 10% rent increases every 5 years and 8% at the beginning of each option. Aldi plans to open more than 180 new stores across 31 states by the end of 2026, for a total of 2,800 stores. This is part of a larger $9 billion five-year investment goal to reach 3,200 stores nationwide by 2028.

Contact:

SRS Real Estate Partners

Property Subtype:

Supermarket

Date on Market:

2026-04-14

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110 N 5th St

Richmond, VA 23219

• NNN Property
• Retail for Sale
• $775,412 CAD
• 2,603 SF

Richmond Retail for Sale - Monroe Ward

Seller Financing considered. 1031 Exchange also considered.

Contact:

Bandazian & Co.

Property Subtype:

Restaurant

Date on Market:

2026-01-24

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UNIQUE 60% PAYDOWN READVANCE OPPORTUNITY - 18048 Jefferson Davis Hwy

Ruther Glen, VA 22546

• NNN Property
• Retail for Sale
• $4,479,062 CAD
• 5,389 SF

Ruther Glen Retail for Sale - Caroline County

HMX Realty is pleased to present for sale a Zero Cash Flow CVS Pharmacy located in a wealthy, high-growth area south of Fredericksburg in northern Richmond. At 5,389 sf, this CVS features the brand's preferred footprint. Rent is low at only $179,820, making the asset particularly attractive. This property is offered with a zero-cash flow structure and pay-down readvance available, allowing an investor to cash out 60% of the purchase price immediately post-closing with no tax consequences. The interest rate on the spring-loaded, self-liquidating debt is only 3.42%. The property is ideal for a 1031 exchange. The Zero Cash Flow structure allows a 1031 buyer to acquire the asset for virtually all cash ($3,177,000) and have the debt re- advanced to $1,906,000 immediately post-closing. Mortgage proceeds from the re- advanced loan are not subject to capital gains or income tax; however, HMX Realty Advisors is not qualified to give legal or tax advice. The 5,389-sf building sits on 1.25 acres and is leased for 16+ years to CVS, an investment-grade company, on an absolute bond triple-net lease with no landlord responsibilities. The existing debt self-liquidates over 13 years at 3.42% with a three- year rent holiday starting in November 2038. Area Summary: The CVS is located just off Interstate 95 at the traffic light corner of Jefferson Davis Highway and Ladysmith Road in Ruther Glen, VA. Ruther Glen is part of the Richmond MSA and conveniently located between Richmond and Washington DC. The Richmond MSA is a center for law, finance and government. The area is home to one of 13 United States Court of Appeals, and one of 12 Federal Reserve Banks. Fortune 500 Companies headquartered in the area include Dominion Resources, MeadWestvaco, CarMax, Owens & Minor, Genworth Financial and Altria Group, while many others have a major presence. The intersection offers immediate access to Interstate 95, the main north–south Interstate Highway on the East Coast of the United States, and a mix of commercial tenants that support the surrounding area. In addition to CVS, nationally or regionally recognized tenants include a Food Lion Supermarket, Advance Auto, Atlantic Union Bank, Citgo fuel station, Family Dollar, and Dollar General. CVS location is supported by a wealthy and growing demographic.

Contact:

HMX1031.COM

Property Subtype:

Drug Store

Date on Market:

2025-08-14

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