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Powhatan, VA NNN Properties for Sale

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CVS Drug Store with Absolute NNN Lease
Updated: Apr 13
CVS Drug Store with Absolute NNN Lease

2511 ANDERSON HWY, Powhatan, VA 23139

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9,657 sqft
9,657‑square‑foot CVS drug store completed in 2017
Absolute NNN lease commenced in October 2019
Approximately 19 years remain on the 25‑year primary lease term
Ten 5‑year renewal options are included
Signalized intersection of Anderson Highway and Dorset Road
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Strickland Brothers NNN Lease Property
Updated: May 26, 2025
Strickland Brothers NNN Lease Property

1860 Stoneridge Commerce Dr, Powhatan, VA

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1,735 sqft 3.58 AC lot
Corporately Guaranteed Strickland Brothers Lease With 14+ Years Remaining
Absolute NNN Lease With Zero Landlord Responsibilities
Enjoy 10% Rental Increase Every 5 Years
Rapidly Growing Population With High Average Household Income ($174K+)
Excellent Visibility Along Anderson Hwy (35,000 Vehicles Daily)
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Powhatan, 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.

Single-Tenant NNN Restaurant Ground Lease
Single-Tenant NNN Restaurant Ground Lease

11450 Midlothian Turnpike, Richmond, VA 23235

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6,692 sqft

For sale Carrabba’s Italian Grill on an absolute NNN ground lease with about 10 years remaining and scheduled 10% escalations.

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24-Hour Gas Station
24-Hour Gas Station

6824 Forest Hill Ave, Richmond, VA 23225

Contact for pricing
2,160 sqft

NNN lease structure with no landlord responsibilities and a tenant rated S&P A.

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Dollar General NNN Retail Property
Dollar General NNN Retail Property

10710 John Cussons Dr, Glen Allen, VA 23060

Contact for pricing

Absolute NNN lease structure with no landlord responsibilities and five-year renewal options featuring 10% rental increases.

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Freestanding Urgent Care Facility
Freestanding Urgent Care Facility

11201 Nuckols Rd, Glen Allen, VA 23059

Contact for pricing

Newly renovated freestanding urgent care is being converted from a former bank branch under a new 10-year NNN lease.

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Powhatan, VA Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Powhatan, VA on our real estate platform. These investment opportunities span a total of 11,392 square feet of properties for sale.

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Demographics Overview

Population 27K
Population Growth (5Y) +11.9%
Median Household Income $109,231
College Educated 45.1%

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $18.93 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Powhatan fall within the 50,000 to 100,000 square foot range.

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