2-Location Drug Store
10805 TIDEWATER TR, Fredericksburg, VA 22408
For Sale
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Two CVS pharmacies are leased on a single-tenant net basis, with renewal options extending beyond the current lease term.
Property SizeContact for details
Days on Market26
Property Features for 10805 TIDEWATER TR
General Information
Standard status
Property subtype
Additional Details
Tenant in Place
Building Details
Buildings
Listing Agency:
The Boulder Group
Listed By:
Jimmy Goodman · License #IL 471007006
(847) 562-8500
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 4:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
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Investment Insights
Based on property information with market context.
This offering comprises two single-tenant CVS Pharmacy locations in Haughton, Louisiana, and Fredericksburg, Virginia. Both leases extend through January 2033 and provide ten 5-year renewal options. CVS has occupied each site for nearly 20 years and carries a BBB investment-grade credit rating from Standard & Poor’s.
In Fredericksburg, the pharmacy is an outparcel to The Shops at River Club, a Weis Markets-anchored center with tenants including Starbucks, Domino’s, Advance Auto Parts, Whistle Express Car Wash, and Subway. The site fronts Tidewater Trail, where traffic is approximately 24,000 vehicles per day. In Haughton, the store is on U.S. Highway 80, with approximately 27,000 vehicles per day, near the Interstate 20 interchange. Nearby retail businesses include Brookshire’s, AutoZone, McDonald’s, Mavis, Domino’s Pizza, and Sonic Drive-In.
The Haughton property is approximately 14 miles from Barksdale Air Force Base. Louisiana Downs Racetrack & Casino and Bossier Parish Community College are also identified as nearby demand drivers. More than 30,000 residents live within five miles of the Haughton site; the Fredericksburg area has more than 77,000 residents within the same radius.
In Fredericksburg, the pharmacy is an outparcel to The Shops at River Club, a Weis Markets-anchored center with tenants including Starbucks, Domino’s, Advance Auto Parts, Whistle Express Car Wash, and Subway. The site fronts Tidewater Trail, where traffic is approximately 24,000 vehicles per day. In Haughton, the store is on U.S. Highway 80, with approximately 27,000 vehicles per day, near the Interstate 20 interchange. Nearby retail businesses include Brookshire’s, AutoZone, McDonald’s, Mavis, Domino’s Pizza, and Sonic Drive-In.
The Haughton property is approximately 14 miles from Barksdale Air Force Base. Louisiana Downs Racetrack & Casino and Bossier Parish Community College are also identified as nearby demand drivers. More than 30,000 residents live within five miles of the Haughton site; the Fredericksburg area has more than 77,000 residents within the same radius.
Key Highlights
- Two CVS Pharmacy locations, each occupied by the tenant for nearly 20 years
- Leases run through January 2033 and include ten 5‑year renewal options
- CVS holds a BBB investment‑grade credit rating from Standard & Poor’s
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use
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Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 37%
Dining 21%
Weis Markets
Groceries
16,484 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,912 visits/mo
0.2 miles
Starbucks
Dining
8,626 visits/mo
0.2 miles
Dollar Tree
Shops & Services
8,514 visits/mo
0.2 miles
Virginia ABC
Groceries
3,099 visits/mo
0.2 miles
Demographics for 22408, VA
32,043
Population
12,438
Households
2.6
Avg Household Size
36
Median Age
40%
College-Educated
92%
High-School Grad
47.3 sq mi
ZIP Area
677
Density / Sq Mi
$114,598
Median Household Income
$54,934
Median Earnings
$1,771
Median Rent
$353,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- CVS Pharmacy — 10805 Tidewater Trail, Fredericksburg, VA 22408
Frequently Asked Questions
What type of property is this?
Drug store - Two CVS pharmacies are leased on a single-tenant net basis, with renewal options extending beyond the current lease term.
Where is this drug store located?
The property is located at 10805 TIDEWATER TR Fredericksburg, VA.
What is the asking price?
The asking price for this property is $5,724,406.
What are key features of this property?
This property features: Two CVS Pharmacy locations, each occupied by the tenant for nearly 20 years; Leases run through January 2033 and include ten 5‑year renewal options; CVS holds a BBB investment‑grade credit rating from Standard & Poor’s
