7039 Mechanicsville Turnpike, Mechanicsville, VA 23111

This is a single-tenant Walgreens pharmacy offered for sale on an absolute triple-net basis. The property has been occupied by Walgreens since construction in 2011 and features a long remaining lease term of 10+ years, along with ten (10) 5-year renewal options. As an absolute NNN structure, the lease is designed to shift responsibility for ongoing property expenses to the tenant.

The site is located on a highly visible corner at the signalized intersection of Lee Davis Road and Mechanicsville Turnpike (US Route 360). The property benefits from prominent frontage and dual access points, supporting consumer accessibility and exposure throughout the Mechanicsville trade area. It is positioned as an outparcel to Hanover Village, a regional shopping destination anchored by Aldi and Tractor Supply Co, and the property sits immediately adjacent to Publix. The broader corridor includes a concentration of national retailers, restaurants, service businesses, and nearby schools, with surrounding residential development contributing to consistent local activity.

For buyers seeking an income-oriented, single-tenant retail asset with a long-dated absolute NNN lease, this Walgreens offers a durable operating setup at a signalized intersection within a retail-focused shopping center environment. Tenant continuity is supported by Walgreens’ established presence since 2011 and the available renewal options, while regional connectivity is enhanced by convenient access to Interstate 295 (approximately 1.25 miles away) and proximity to Downtown Richmond (about 8.5 miles southwest).