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Walgreens Drugstore with Drive-Through
For Sale
Contact for pricing
Pending

1214 Westover Hills Boulevard, Richmond, VA 23225

Single-tenant retail property at a signalized intersection with access from two thoroughfares.

Property SizeContact for details
Days on Market141

Property Features for 1214 Westover Hills Boulevard

General Information

Standard status Pending
Property subtype Retail

Site & Location

Corner Location Yes
Drive-Thru Yes
Traffic Count 34,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: Forged Real Estate
Listed By: Marc Mandel · License #NJ
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 1:51PM

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 Forged Real Estate

Investment Insights

Based on property information with market context.

This fee-simple drugstore property is leased to Walgreens and includes a drive-through lane supporting in-store and pickup activity. The building occupies a single-tenant retail configuration with direct access from both intersecting thoroughfares.

The property is positioned at the signalized intersection of Forrest Hill Avenue and Westover Hills Boulevard in Richmond, Virginia. Traffic volumes are reported at 34,000 VPD on Forrest Hill Avenue and 16,000 VPD on Westover Hills Boulevard. The site is within the Richmond MSA and lies within 5 miles of Virginia Commonwealth University, the University of Richmond, and Virginia Union University, whose combined enrollment exceeds 33,000 students.

Residential development is expanding nearby, including a planned 144-unit multifamily complex approximately ½ mile away and the Urbana at Hioaks community, where the first building opened in May 2024. Within 5 miles, the area includes approximately 262,000 residents and 117,000 households.

Key Highlights

  • Walgreens‑leased single‑tenant drugstore property
  • Drive‑through lane supports customer pickup and in‑store activity
  • Signalized intersection of Forrest Hill Avenue and Westover Hills Boulevard

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Top Pick Dental Office Restaurant Law Firm Building Supply Real Estate Agency Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23225, VA

40,876
Population
21,545
Households
1.9
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
2,941
Density / Sq Mi
$60,865
Median Household Income
$43,550
Median Earnings
$1,311
Median Rent
$292,800
Median Home Value

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019
7.5% 2020
7% 2021
5.2% 2022
4.2% 2023
4.9% 2024
5.7% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Andrew Lawson 1214 westover hills blvd, richmond, va 232254434
  • CVS Pharmacy 5001 Forest Hill Ave, Richmond, VA 23225
  • Walgreens Pharmacy 1214 Westover Hills Blvd, Richmond, VA 23225
  • COVID-19 Drive-Thru Testing at Walgreens 1214 Westover Hills Blvd, Richmond, VA 23225

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant retail property at a signalized intersection with access from two thoroughfares.
Where is this drug store located?
The property is located at 1214 Westover Hills Boulevard Richmond, VA.
What are key features of this property?
This property features: Walgreens‑leased single‑tenant drugstore property; Drive‑through lane supports customer pickup and in‑store activity; Signalized intersection of Forrest Hill Avenue and Westover Hills Boulevard
(610) 608-2621 Call to check price and availability
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