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400 Riverside Dr Collinsville, VA

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For Sale
$2,290,000

NNN leased CVS with 15 years remaining in Collinsville.

Property size:
13,049 SF
Lot size:
1.80 Acres

Property Features for 400 Riverside Dr

General Information

Size
13,049 SF
Lot size
1.80 Acres

Source: Furman Capital Advisors Agent Robert Schmidt

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Collinsville CVS Investment Opportunity

This property is an absolute NNN leased investment opportunity with zero landlord responsibilities. The lease has approximately 15 years remaining, with an additional 40 years available in option periods. The tenant, CVS, is an established retail pharmaceutical provider with over 9,000 locations throughout the United States and 2024 revenues exceeding $372 billion. The property is located approximately 1,000 feet from the Stanleytown Health & Rehabilitation center (120 beds) and approximately 0.5 miles from Bassett High School, positioning it to serve the pharmaceutical needs of the Basset area. The location benefits from approximately 259,000 annual visitors, according to Placer.ai data from 2024, providing customer exposure and in-store engagement. The property size is 13,049 square feet.
Location Intelligence

Current Use by Public Records

Drug stores

Similar Places Nearby

CVS Pharmacy, COVID-19 Drive-Thru Testing at Walgreens, Leslie Goad, Walgreens Pharmacy

Map

City
Collinsville
County
Henry
State
Virginia
Longitude
-79.9136731
Latitude
36.7240046

FAQs

What type of property is this?
Drug store - NNN leased CVS with 15 years remaining in Collinsville.
Where is this drug store located?
The property is located at 400 Riverside Dr Collinsville, VA.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: - Absolute NNN Lease with ZERO landlord responsibilities.; - Approximately 15 years remaining on the lease, with an additional 40 years in option periods.; - Strong Foot Traffic: Approximately 259,000 annual visitors (Placer.ai, 2024).
More about this property
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