Absolute NNN Drug Store with
For Sale
Contact for pricing
13554 Carrollton Blvd., Carrollton, VA 23314
Brick-construction pharmacy with an absolute NNN lease and access from a signalized corner.
Property SizeContact for details
Days on Market143
Property Features for 13554 Carrollton Blvd.
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
40,000 vehicles/day
Building Details
Buildings
1
Construction
brick
Tenancy
Single
Listing Agency:
LemRx Realty Advisors
Listed By:
Dan Lem · License #CA 00930322
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 11:47AM
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 LemRx Realty Advisors
Investment Insights
Based on property information with market context.
This drug store is a high-quality brick building with a drive-through and an absolute NNN lease that commenced at the start of 2017. Approximately 19 years remain, with contractual rent increases scheduled during both the primary term and option periods. The lease provides for a 5% increase in Year 11, followed by 7% increases during three of six five-year option periods.
The property occupies a signalized corner serving more than 40,000 vehicles per day. It is located 12 miles from Newport News and 13 miles from Hampton, Virginia. Within a 5-mile radius, the population exceeds 18,000 and average household income is more than $108,000.
The property occupies a signalized corner serving more than 40,000 vehicles per day. It is located 12 miles from Newport News and 13 miles from Hampton, Virginia. Within a 5-mile radius, the population exceeds 18,000 and average household income is more than $108,000.
Key Highlights
- Absolute NNN lease commenced at the start of 2017
- Approximately 19 years remaining on the lease
- 5% rent increase in Year 11
Property Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 34%
Shops & Services 25%
Food Lion Grocery Store
Groceries
26,593 visits/mo
0.1 miles
7-Eleven
Shops & Services
18,933 visits/mo
0.1 miles
SONIC Drive In
Dining
9,753 visits/mo
0.1 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
8,858 visits/mo
0.1 miles
Dunkin' Donuts
Dining
7,453 visits/mo
0.1 miles
Demographics for 23314, VA
9,523
Population
4,150
Households
2.3
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
19.5 sq mi
ZIP Area
488
Density / Sq Mi
$110,827
Median Household Income
$56,798
Median Earnings
$1,791
Median Rent
$371,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Rite Aid Pharmacy — 13554 Carrollton Blvd, Carrollton, VA 23314
Frequently Asked Questions
What type of property is this?
Drug store - Brick-construction pharmacy with an absolute NNN lease and access from a signalized corner.
Where is this drug store located?
The property is located at 13554 Carrollton Blvd. Carrollton, VA.
What are key features of this property?
This property features: Absolute NNN lease commenced at the start of 2017; Approximately 19 years remaining on the lease; 5% rent increase in Year 11
