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Chester, VA NNN Properties for Sale

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Walgreens NNN Property For Sale
Updated: Feb 2
Walgreens NNN Property For Sale

4238 W Hundred Rd, Chester, VA 23831

$3,840,000
14,820 sqft
11+ years remaining on initial lease with options to extend to 2077, demonstrating long‑term tenant commitment.
Absolute NNN lease with zero landlord responsibilities, offering a management‑free, passive investment.
Located at a signalized, hard corner intersection with high traffic volume (46,000 VPD) and excellent visibility.
Strong demographics: affluent area with over 85,000 residents and a $109,307 average household income within a 5‑mile radius.
Excellent Placer.AI ranking, indicating a top‑performing store (Nationwide: 82nd Percentile, Virginia: 95th Percentile).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Chester, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Bank with Drive-Through
Freestanding Bank with Drive-Through

25 Banks Ford Parkway, Fredericksburg, VA 22406

$3,400,000
2,782 sqft 0.98 AC lot

Single-tenant net-leased Chase Bank with three canopied drive-thru lanes and dedicated ATM lane.

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NNN Apartment Building
NNN Apartment Building

2110 Redd Street, Richmond, VA 23223

$6,900,000
23,400 sqft 1.01 AC lot

36-unit apartment building offering a mix of two-bedroom, one-bathroom residences on 1.01 acres.

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Mixed-Use Restaurant and Residential Building
Mixed-Use Restaurant and Residential Building

417 W Grace Street, Richmond, VA 23220

$1,650,000
6,132 sqft

Renovated mixed-use property with NNN restaurant space and furnished-style residential interiors, positioned for steady tenant draw.

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NNN Leased Retail/Office Building
NNN Leased Retail/Office Building

4300 Plank Road, Fredericksburg, VA 22407

Contact for pricing
20 sqft

20,000 SF multi-tenant retail/office building, 95% leased, high visibility.

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Chester, VA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Chester, VA on our real estate platform. These investment opportunities span a total of 14,820 square feet of properties for sale, with an estimated market value of $3,840,000.

Sale prices for triple net lease properties in Chester, VA start at $3,840,000, averaging $3,840,000, and reaching up to $3,840,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 52K
Population Growth (5Y) +2.5%
Median Household Income $94,784
College Educated 51.1%

High-Yield Neighborhoods for Investment

Identify Chester submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23831 $3.8M

Taxes & Financing

Tax Rate (average for all types) 0.90%
Property Tax per SF $21.42 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

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