400 Riverside Dr Collinsville, VA

Listing office Furman Capital Advisors Show Phone

Listing date Nov 25, 2025

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Investment Insights

Based on property information with market context.

This property is an absolute NNN leased investment opportunity with zero landlord responsibilities. The lease has approximately 15 years remaining, with an additional 40 years available in option periods. The tenant, CVS, is an established retail pharmaceutical provider with over 9,000 locations throughout the United States and 2024 revenues exceeding $372 billion. The property is located approximately 1,000 feet from the Stanleytown Health & Rehabilitation center (120 beds) and approximately 0.5 miles from Bassett High School, positioning it to serve the pharmaceutical needs of the Basset area. The location benefits from approximately 259,000 annual visitors, according to Placer.ai data from 2024, providing customer exposure and in-store engagement. The property size is 13,049 square feet.

Key Highlights

• Absolute NNN Lease with ZERO landlord responsibilities.
• Approximately 15 years remaining on the lease, with an additional 40 years in option periods.
• Strong Foot Traffic: Approximately 259,000 annual visitors (Placer.ai, 2024).

Property Analytics

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Similar Off Market Nearby

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

FAQs

What type of property is this?

Drug store - NNN leased CVS with 15 years remaining in Collinsville.

Where is this drug store located?

The property is located at 400 Riverside Dr Collinsville, VA.

What is the asking price?

The asking price for this property is $2,290,000.

What are key features of this property?

This property features: Absolute NNN Lease with ZERO landlord responsibilities.; Approximately 15 years remaining on the lease, with an additional 40 years in option periods.; Strong Foot Traffic: Approximately 259,000 annual visitors (Placer.ai, 2024).