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Drug Store Absolute Net Lease
For Sale
Contact for pricing
Pending

3590 Virginia Avenue, Collinsville, VA 24078

Absolute net leased drug store offered with a new 15-year lease extension.

Property Size14,724 SF
Days on Market90

Property Features for 3590 Virginia Avenue

General Information

Standard status Pending
Size 14,724 SF
Total Parking Spaces 70
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $244,530

Building Details

Year Built 2008
Tenancy Single
Listing Agency: Berkeley Capital Advisors Charlotte
Listed By: Ransome Foose · License #NC 280948
Source: Crexi
Added: Jun 11 Changed: Sep 7 Last Checked: Sep 7 at 3:11AM

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 Berkeley Capital Advisors Charlotte

Investment Insights

Based on property information with market context.

The property is an absolute net leased drug store. The offering includes a new 15-year lease extension, establishing the lease term going forward.

This is a for-sale transaction presented as an absolute net lease structure.

The parcel size is listed as 14,724 square feet.

Key Highlights

  • Absolute net leased drug store
  • Year built: 2008
  • New 15‑year lease extension

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Pharmacy Cardtronics ATM Atm

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
Taco Bell Dining
11,177 visits/mo 0.0 miles
Little Caesars Pizza Dining
8,640 visits/mo 0.1 miles
Dollar General Shops & Services
8,254 visits/mo 0.5 miles
KFC Dining
7,096 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,131 visits/mo 0.3 miles

Demographics for 24078, VA

7,062
Population
3,323
Households
2.1
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
1,023
Density / Sq Mi
$51,579
Median Household Income
$33,260
Median Earnings
$725
Median Rent
$122,300
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

  • Leslie Goad 520 Susan Dr, Collinsville, VA 240782964
  • CVS Pharmacy 3001 Virginia Ave, Collinsville, VA 24078
  • COVID-19 Drive-Thru Testing at Walgreens 3590 Virginia Ave, Collinsville, VA 24078
  • Walgreens Pharmacy 3590 Virginia Ave, Collinsville, VA 24078

Frequently Asked Questions

What type of property is this?
Drug store - Absolute net leased drug store offered with a new 15-year lease extension.
Where is this drug store located?
The property is located at 3590 Virginia Avenue Collinsville, VA.
What is the asking price?
The asking price for this property is $3,762,000.
What are key features of this property?
This property features: Absolute net leased drug store; Year built: 2008; New 15‑year lease extension
More about this property
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