Net Leased Walgreens Retail
1509 Mount Vernon Ave Alexandria, VA 22301
1509 Mount Vernon Ave, Alexandria, VA, 22301
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For Sale
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Fee-simple Walgreens with ample parking on a hard-signalized corner intersection and a long-term absolute NNN lease.
Property Size14,820 SF
Lot Size0.75 Acres
Days on Market103
Property Features for 1509 Mount Vernon Ave
General Information
- Standard status
- Active
- Size
- 14,820 SF
- Lot size
- 0.75 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Issenberg Britti Group
(786) 522-7017
Listed by
Gabriel Britti · License #FL SL3211804
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 2:19AM Checked: Jul 22 at 2:19AM
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 Marcus & Millichap - Issenberg Britti Group
Investment Insights
Based on property information with market context.
The property is a fee-simple Walgreens retail building totaling 14,820 square feet, situated on a 0.75-acre parcel with ample parking. The site is positioned on a hard-signalized corner of Mount Vernon Avenue and East Monroe Avenue. The building was fully renovated as required for the historic structure, reflecting the landlord’s level of commitment to the site’s redevelopment.
The asset is described as strategically located in the Washington D.C. Metro. The remarks note proximity to Ronald Reagan Washington National Airport, access to DC Metro Rail and DC Metro Bus, and being near the Pentagon and Downtown Washington, D.C.
Walgreens has signed a 25-year Absolute NNN lease with zero landlord responsibility, with more than 20 years remaining on the initial term. The offering is presented as a trophy net-leased fee-simple Walgreens in the DC Metro, supported by its corner visibility and reported traffic counts exceeding 13,000 daily.
The asset is described as strategically located in the Washington D.C. Metro. The remarks note proximity to Ronald Reagan Washington National Airport, access to DC Metro Rail and DC Metro Bus, and being near the Pentagon and Downtown Washington, D.C.
Walgreens has signed a 25-year Absolute NNN lease with zero landlord responsibility, with more than 20 years remaining on the initial term. The offering is presented as a trophy net-leased fee-simple Walgreens in the DC Metro, supported by its corner visibility and reported traffic counts exceeding 13,000 daily.
Key Highlights
- 14,820 SF Walgreens retail building on a 0.75‑acre parcel with ample parking
- Hard‑signalized corner at Mount Vernon Avenue and East Monroe Avenue with traffic counts exceeding 13,000 daily
- 25‑year Absolute NNN lease with zero landlord responsibility
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
Similar Off Market Nearby
- Harris Teeter Pharmacy — 735 N St Asaph St, Alexandria, VA 22314
- Alexandria Compounding Pharmacy — N Pitt St, Alexandria, VA 22314
- Walgreens Pharmacy — 1517 Mt Vernon Ave, Alexandria, VA 22301
- CVS Pharmacy — 415 E Monroe Ave, Alexandria, VA 22301
- Carolyn Nguyen — 735 N St Asaph St, Alexandria, VA 223141911
FAQs
What type of property is this?
Drug store - Fee-simple Walgreens with ample parking on a hard-signalized corner intersection and a long-term absolute NNN lease.
Where is this drug store located?
The property is located at 1509 Mount Vernon Ave Alexandria, VA.
What are key features of this property?
This property features: 14,820 SF Walgreens retail building on a 0.75‑acre parcel with ample parking; Hard‑signalized corner at Mount Vernon Avenue and East Monroe Avenue with traffic counts exceeding 13,000 daily; 25‑year Absolute NNN lease with zero landlord responsibility
