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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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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123 Bulifants Blvd

Williamsburg, VA 23188

• NNN Property
• Office for Sale
• $2,009,022 CAD
• 5,130 SF

Williamsburg Office for Sale - York

Investment Offering – Fully Leased Office Building in Michael Commons 123 Bulifants Blvd presents the opportunity to acquire a fully leased, income-producing office asset in the well-established Michael Commons office park in Williamsburg, Virginia. The property consists of approximately 5,000 square feet and is configured as a two-unit professional office building, currently 100% occupied by established tenants. The larger suite features a higher-end law office finish, while the second suite is configured for general office use, providing a strong mix of functionality and professional appeal. The property generates annual income of $103,942.56, with tenants responsible for NNN expenses, offering investors a stable and efficient cash-flowing asset. Its layout, quality finishes, and tenant mix make it well positioned as a durable suburban office investment in one of Williamsburg’s most established professional corridors. The property benefits from ample on-site parking, with 25 parking spaces available to serve the building. Located directly adjacent to Sentara Williamsburg Regional Medical Center and just off Route 199, the property also enjoys quick access to Interstate 64, nearby retail services, and surrounding professional users, providing strong regional connectivity in a highly desirable office and medical corridor. 123 Bulifants Blvd presents the opportunity to acquire a stabilized office investment with in-place income, efficient functionality, and lasting appeal in Williamsburg, a market that has historically been undervalued relative to its fundamentals.

Contact:

Seabolt Real Estate

Property Subtype:

Medical

Date on Market:

2026-04-22

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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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Walgreens - Chester, VA - 4238 W Hundred Rd

Chester, VA 23831

• NNN Property
• Retail for Sale
• $5,413,786 CAD
• 14,820 SF

Chester Retail for Sale - Iron Bridge Corridor

• The tenant currently has 11+ years remaining on their initial lease with 8 (5-year) options to extend, demonstrating their commitment to the site • As a top performing store, Walgreens illustrated commitment to the site in 2022 when they amended the lease to push out the primary term thru May 31, 2037, with options to control the site until May 31, 2077 • Excellent Placer Rankings | Nationwide: 82nd Percentile | Virginia: 95th Percentile • The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Kroger, Target, Home Depot, Dunkin’, Ulta, HomeGoods, Hobby Lobby, Lowe’s and many more • Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site • The asset is in close proximity to Thomas Dale High School (2,570 students), CE Curtis Elementary School (727 students), Hyde Park Townhomes and Ashton Creek Apartments, further increasing consumer traffic to the area • The asset is located at the signalized, hard corner intersection of W Hundred Rd and Centre St with a combined 46,000 vehicles passing by daily • The site benefits from nearby direct on/off ramp access to Interstate 95, a major thoroughfare that averages 128,000 VPD • The asset has excellent visibility via significant street frontage and a large monument sign • Multiple points of ingress/egress • More than 85,000 residents and 37,000 employees support the trade area • $109,307 affluent average household income

Contact:

SRS Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2025-09-03

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7-Eleven - 14865 George Washington Memorial Hwy

Saluda, VA 23149

• NNN Property
• Retail for Sale
• $5,433,278 CAD
• 2,490 SF

• Air Conditioning
• Security System

Saluda Retail for Sale - Gloucester

SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased 7-Eleven located in Saluda, Virginia. This exceptional investment is secured by an absolute triple net (NNN) lease with over 10 years of remaining term along with 10% increases every 5 years and five 5-year options. 7-Eleven currently operates roughly 12,500 locations in the USA and is the world's largest convenience store operator. With an A credit rating from S&P and a Baa2 rating from Moody's, 7-Eleven is considered an investment grade tenant. Strategically located in Saluda, the property benefits from superior visibility, signage and access with traffic counts exceeding 8,000 vehicles per day. The nearby surrounding area includes Shell, BP and a demand driver in Rappahannock Community College less than 1 mile away. With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.

Contact:

SAB Capital

Property Subtype:

Service Station

Date on Market:

2025-08-21

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