Freestanding Absolute NNN CVS
For Sale
Contact for pricing
7515 Williamson Road, Roanoke, VA 24019
Absolute NNN-leased freestanding CVS building with over 20 years of tenant operation and more than four years of firm term remaining.
Property Size11,985 SF
Price / SF$212.68
Days on Market82
Property Features for 7515 Williamson Road
General Information
Standard status
Active
Size
11,985 SF
Total Parking Spaces
68
Property subtype
Retail
Zoning
C-2
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$216,672
Site & Location
Traffic Count
32,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2005
Units
68
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Jun 16
Changed: Aug 22
Last Checked: Sep 5 at 5:14AM
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 Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease offers the opportunity to acquire the leasehold interest in an absolute NNN leased, freestanding CVS investment property. The tenant has operated at the site for more than 20 years, and the lease includes more than four years of firm term remaining with six (5-year) options to extend. The lease is described as absolute NNN with zero landlord responsibilities.
The property is located at a signalized, hard-corner intersection of Williamson Road and Plantation Road in Roanoke, Virginia. The site is positioned to benefit from access to Interstate 81 and Highway 11. The surrounding area includes multiple national and credit tenants.
The offering is presented as a management-free, passive investment opportunity under the terms of the absolute NNN lease.
The property is located at a signalized, hard-corner intersection of Williamson Road and Plantation Road in Roanoke, Virginia. The site is positioned to benefit from access to Interstate 81 and Highway 11. The surrounding area includes multiple national and credit tenants.
The offering is presented as a management-free, passive investment opportunity under the terms of the absolute NNN lease.
Key Highlights
- Absolute NNN leased, freestanding CVS property built in 2005
- Tenant has operated at the site for more than 20 years
- More than 4 years of firm term remaining with 6 (5‑year) options to extend
Property Analytics
Property Profile
Current Use
Lease Details
32,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 24019, VA
27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN-leased freestanding CVS building with over 20 years of tenant operation and more than four years of firm term remaining.
Where is this nnn property located?
The property is located at 7515 Williamson Road Roanoke, VA.
What is the asking price?
The asking price for this property is $2,549,000.
What are key features of this property?
This property features: Absolute NNN leased, freestanding CVS property built in 2005; Tenant has operated at the site for more than 20 years; More than 4 years of firm term remaining with 6 (5‑year) options to extend
