Leased CVS Retail
For Sale
Contact for pricing
Pending
840 Berryville Ave, Winchester, VA 22601
Well-located CVS property on Berryville Avenue with an 20-year firm lease and absolute net terms through 2039.
Property Size11,757 SF
Days on Market116
Property Features for 840 Berryville Ave
General Information
Standard status
Pending
Size
11,757 SF
Property subtype
Retail
Site & Location
Traffic Count
27,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Aug 3 at 4:07PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
The property is an 11,757-square-foot CVS retail building in Winchester, Virginia. The store is supported by a long-term commitment, with a new 20-year firm lease term running through 2039. The lease is structured with five percent rent increases between each of the eight 5-year renewal options, and it is an absolute net lease with zero landlord responsibilities.
The site is located along Berryville Avenue, serving as an outparcel to Apple Valley Square. Apple Valley Square is a 55,000-square-foot retail center anchored by Sharp Shopper and True Value. The CVS is also directly in front of Northpark Shopping Center, a 46,000-square-foot retail center anchored by Food Lion, with multiple additional retailers nearby.
The property benefits from exposure along Berryville Avenue with reported traffic of 27,000 vehicles per day, positioned just west of Interstate 81 with reported traffic of 67,000 vehicles per day.
The site is located along Berryville Avenue, serving as an outparcel to Apple Valley Square. Apple Valley Square is a 55,000-square-foot retail center anchored by Sharp Shopper and True Value. The CVS is also directly in front of Northpark Shopping Center, a 46,000-square-foot retail center anchored by Food Lion, with multiple additional retailers nearby.
The property benefits from exposure along Berryville Avenue with reported traffic of 27,000 vehicles per day, positioned just west of Interstate 81 with reported traffic of 67,000 vehicles per day.
Key Highlights
- 11,757 SF CVS on Berryville Avenue in Winchester, Virginia
- 20‑year firm lease term runs through 2039 with five 5‑year renewal options
- Absolute net lease with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
27,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
137k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 24%
Home Improvements & Furnishings 14%
Groceries 14%
McDonald's
Dining
20,515 visits/mo
0.3 miles
FoodMaxx
Groceries
18,867 visits/mo
0.3 miles
Navy Federal Credit Union
Shops & Services
15,460 visits/mo
0.0 miles
Wendy's
Dining
13,441 visits/mo
0.3 miles
Solenberger's True Value Hardware
Home Improvements & Furnishings
8,883 visits/mo
0.1 miles
Demographics for 22601, VA
29,720
Population
13,159
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
3,033
Density / Sq Mi
$66,542
Median Household Income
$38,491
Median Earnings
$1,316
Median Rent
$321,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Walgreens Pharmacy — 131 Valley Mill Rd, Winchester, VA 22602
- Martin's Pharmacy — 400 Gateway Dr, Winchester, VA 22603
- CVS Pharmacy — 840 Berryville Ave, Winchester, VA 22601
- COVID-19 Drive-Thru Testing at Walgreens — 131 Valley Mill Rd, Winchester, VA 22602
- Posh The Life — 381 National Ave, Winchester, VA 22601
Frequently Asked Questions
What type of property is this?
Drug store - Well-located CVS property on Berryville Avenue with an 20-year firm lease and absolute net terms through 2039.
Where is this drug store located?
The property is located at 840 Berryville Ave Winchester, VA.
What are key features of this property?
This property features: 11,757 SF CVS on Berryville Avenue in Winchester, Virginia; 20‑year firm lease term runs through 2039 with five 5‑year renewal options; Absolute net lease with zero landlord responsibilities
