Walgreens-Leased Drug
For Sale
Contact for pricing
7039 Mechanicsville Tpke, Mechanicsville, VA 23111
Corporate-signed Walgreens lease with a long remaining term in a high-traffic corridor just east of I-295.
Property Size14,550 SF
Price / SF$520.48
Days on Market344
Property Features for 7039 Mechanicsville Tpke
General Information
Standard status
Active
Size
14,550 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners | McLean
(202) 925-4205
Listed By:
Andrew Fallon · License #RSR006585
(202) 286-1542
Source:
Moodyscre
Added: Nov 20, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:02AM
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 SRS Real Estate Partners | McLean
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This drug store is under a corporate-signed lease by Walgreens Co. The lease has over 10 years remaining, along with 10 (5-year) option periods to extend. The property size is 14,550 square feet.
The location is just east of Interstate 295, a major north/south traveling highway averaging 98,000 vehicles passing by daily, supporting strong visibility for retail operations.
For buyers evaluating credit-backed occupancy, this Walgreens lease structure and remaining term provide a straightforward starting point for underwriting.
The location is just east of Interstate 295, a major north/south traveling highway averaging 98,000 vehicles passing by daily, supporting strong visibility for retail operations.
For buyers evaluating credit-backed occupancy, this Walgreens lease structure and remaining term provide a straightforward starting point for underwriting.
Key Highlights
- Corporate‑signed lease by Walgreens Co
- Over 10 years remaining with 10 (5‑year) option periods
- 14,550 square feet
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23111, VA
38,151
Population
15,773
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
77.2 sq mi
ZIP Area
494
Density / Sq Mi
$96,736
Median Household Income
$52,106
Median Earnings
$1,558
Median Rent
$324,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Phillip T. Gibson, RPH — 7235 Bell Creek Rd, Mechanicsville, VA 23111
- Linda Corbin — 7324 Bell Creek Rd, Mechanicsville, VA 231113545
- GNC — 7354 Bell Creek Rd, Mechanicsville, VA 23111
- Walgreens Pharmacy — 7039 Mechanicsville Tpke, Mechanicsville, VA 23111
- Macshelle Hays — 7039 Mechanicsville Tpke, Mechanicsville, VA 231117100
Frequently Asked Questions
What type of property is this?
Drug store - Corporate-signed Walgreens lease with a long remaining term in a high-traffic corridor just east of I-295.
Where is this drug store located?
The property is located at 7039 Mechanicsville Tpke Mechanicsville, VA.
What is the asking price?
The asking price for this property is $7,573,000.
What are key features of this property?
This property features: Corporate‑signed lease by Walgreens Co; Over 10 years remaining with 10 (5‑year) option periods; 14,550 square feet
