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Fredericksburg CVS Pharmacy Investment Opportunity

1511 Jefferson Davis Hwy, Fredericksburg, VA

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For Sale

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NNN leased CVS in Fredericksburg, VA with drive-thru.

Type:RETAIL

Property size:

13,291 SF

Lot size:

2.54 Acres

Price / SF:

$331/SF

Contact for Pricing

Please call us for current price
and status of this listing

Rick Fernandez

Real Estate License ID: 0225193951

HighLights

Absolute NNN lease provides a management‑free, passive investment.
Corporate guarantee from CVS, the largest pharmacy chain in the U.S.
10 years of firm lease term remaining, providing stable, long‑term income.
Features a drive‑thru, a desirable amenity.
Located in Fredericksburg, VA, within the Washington D.C. MSA.
10% rental increases at the beginning of each option period.

Learn more

For Sale

Contact for pricing

NNN leased CVS in Fredericksburg, VA with drive-thru.

Type:RETAIL

Property size:

13,291 SF

Lot size:

2.54 Acres

Price / SF:

$331/SF

Added:: Apr 8, 2025
Days on Market:: 430
Last Refresh:: May 20 at 8:59 pm

Property Features for 1511 Jefferson Davis Hwy

General Information

Standard status: Active
Size: 13,291 SF
Lot size: 2.54 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Rick Fernandez

Listing agent Rick Fernandez License #0225193951

Listing office SRS Real Estate Partners | McLean

Listing date Apr 8, 2025

Source Moodyscre

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 SRS Real Estate Partners | McLean

HighLights

Absolute NNN lease provides a management‑free, passive investment.
Corporate guarantee from CVS, the largest pharmacy chain in the U.S.
10 years of firm lease term remaining, providing stable, long‑term income.
Features a drive‑thru, a desirable amenity.
Located in Fredericksburg, VA, within the Washington D.C. MSA.
10% rental increases at the beginning of each option period.

Overview

This property presents the opportunity to acquire the leased fee interest in a corporate-guaranteed, absolute NNN CVS Pharmacy located in Fredericksburg, VA, within the Washington D.C. MSA. The property includes a drive-thru. The tenant has 10 years of firm term remaining on the lease, with an additional 10 (5-year) option periods available for extension. The lease agreement includes 10% rental increases at the beginning of each option period. The lease is guaranteed by the corporate entity and is absolute NNN with zero landlord responsibilities.

Location Intelligence

Current Use by Public Records

CVS 10454 Pharmacy CDReload - Online Bitcoin ... Atm

Suggested Use

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Location Insight

Map
Local Demand

City: Fredericksburg
County: Spotsylvania
State: Virginia
Longitude: -77.4829
Latitude: 38.3009

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For sale
Drug stores
VA
Fredericksburg
1511 Jefferson Davis Hwy

What type of property is this?

Drug store - NNN leased CVS in Fredericksburg, VA with drive-thru.

Where is this drug store located?

The property is located at 1511 Jefferson Davis Hwy Fredericksburg, VA.

What is the asking price?

The asking price for this property is $4,400,000.

What are key features of this property?

This property features: Absolute NNN lease provides a management‑free, passive investment.; Corporate guarantee from CVS, the largest pharmacy chain in the U.S.; 10 years of firm lease term remaining, providing stable, long‑term income.

1511 Jefferson Davis Hwy, Fredericksburg, VA

NNN leased CVS in Fredericksburg, VA with drive-thru.

Property Features for 1511 Jefferson Davis Hwy

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Office Condominium with Medical Build-Out

Historic Commercial Building on 1.4 Acres

Fredericksburg Triplex: Investor Opportunity

Commercial Building with Apartment, Garage

Fredericksburg Office Building Investment

Fredericksburg Estate with River Frontage

Car Wash and Auto Shop

Industrial Property with Office and Storage

New Industrial/Flex Space Available

Fredericksburg Office Condo For Sale

Historic Multifamily Investment Opportunity

Luxury Home in Active Community

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