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4238 W Hundred Rd Chester, VA 23836

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For Sale
$3,935,000

Freestanding Walgreens with 11+ years remaining on initial lease.

Property size:
14,820 SF
Lot size:
1.51 Acres

Property Features for 4238 W Hundred Rd

General Information

Size
14,820 SF
Lot size
1.51 Acres
Source: Moodyscre

Listing Agent: Andrew Fallon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Walgreens NNN Investment Opportunity

This is an investment opportunity featuring a freestanding property currently occupied by Walgreens. The tenant has over 11 years remaining on their initial lease term, with 8 options to extend for 5 years each. The tenant is responsible for CAM, taxes, insurance, and all maintenance of the premises, resulting in no landlord responsibilities. Walgreens serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico. The property contains 14,820 square feet.
Location Intelligence

Current Use by Public Records

Walgreens Photo Passport Photo Processor Walgreens Drug Store Walgreens Pharmacy Pharmacy FedEx OnSite Mailing Service Redbox Movie Rental Kiosk

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

CVS Pharmacy, CVS Pharmacy, Rite Aid Pharmacy, Angela Mitchell, Susan Yokley

Location Insight

  • Map
  • Local Demand
City
Chester
County
Chesterfield
State
Virginia
Longitude
-77.4462065
Latitude
37.3565608

FAQs

What type of property is this?
Drug store - Freestanding Walgreens with 11+ years remaining on initial lease.
Where is this drug store located?
The property is located at 4238 W Hundred Rd Chester, VA.
What is the asking price?
The asking price for this property is $3,935,000.
What are key features of this property?
This property features: - Tenant has 11+ years remaining on initial lease with 8 (5-year) options to extend.; - Absolute NNN lease structure with no landlord responsibilities.; - Tenant (Walgreens) pays for CAM, taxes, and insurance.
More about this property
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