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Drug Store Property
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2141 S Crater Rd, Petersburg, VA 23805

The offering is identified as a pharmacy backfill along S Crater Road in Petersburg.

Property Size11,278 SF
Price / SF$114.25
Days on Market143

Property Features for 2141 S Crater Rd

General Information

Standard status Active
Size 11,278 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $103,080

Additional Details

Cap Rate 8%
Traffic Count 24,000 vehicles/day

Building Details

Year Renovated 2021
Tenancy Single
Listing Agency: Matthews
Listed By: Scotty Latimer · License #790608
Source: Crexi
Added: Apr 15 Changed: Sep 2 Last Checked: Sep 2 at 6:37AM

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 Matthews

Investment Insights

Based on property information with market context.

This 11,278-square-foot drug store property is identified as a pharmacy backfill at 2141 S Crater Rd in Petersburg, Virginia. The offering is associated with the Dollar Tree name and is presented for sale.

The property fronts S Crater Road, with reported exposure to 24,000 vehicles daily. The surrounding market is described as serving 73,725 residents within the Richmond, Virginia MSA. The offering carries an 8% cap rate, providing a stated capitalization metric for evaluation.

Key Highlights

  • 11,278‑square‑foot drug store property
  • Identified as a pharmacy backfill
  • Associated with the Dollar Tree name

Property Analytics

Current Use

Dollar Tree Discount Store Western Union Bank Barry Rittmann Pharmacy higi Physician CDReload - Online Bitcoin ... Crypto Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Gym & Fitness 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

24,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
95k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 34% Shops & Services 33% Groceries 28% Apparel 4%
Food Lion Grocery Store Groceries
26,324 visits/mo 0.2 miles
McDonald's Dining
15,581 visits/mo 0.0 miles
Wendy's Dining
10,002 visits/mo 0.3 miles
7-Eleven Shops & Services
7,284 visits/mo 0.3 miles
Family Dollar Shops & Services
6,956 visits/mo 0.1 miles

Demographics for 23805, VA

19,656
Population
9,272
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
90%
High-School Grad
71.5 sq mi
ZIP Area
275
Density / Sq Mi
$65,811
Median Household Income
$40,759
Median Earnings
$1,207
Median Rent
$208,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • The Storehouse Natural Products Shop 2791 S Crater Rd, Petersburg, VA 23805
  • Holly Bandy 2710 S Crater Rd, Petersburg, VA 238052404
  • Steven Colpo 2100 S Crater Rd, Petersburg, VA 238052702
  • CVS Pharmacy 2100 S Crater Rd, Petersburg, VA 23805
  • Walnut Hill Pharmacy 1950 S Sycamore St, Petersburg, VA 23805

Frequently Asked Questions

What type of property is this?
Drug store - The offering is identified as a pharmacy backfill along S Crater Road in Petersburg.
Where is this drug store located?
The property is located at 2141 S Crater Rd Petersburg, VA.
What is the asking price?
The asking price for this property is $1,288,512.
What are key features of this property?
This property features: 11,278‑square‑foot drug store property; Identified as a pharmacy backfill; Associated with the Dollar Tree name
More about this property
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