2707 Greensboro Rd Martinsville, VA 24112
For Lease
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This exceptional 13,569-square-foot former Walgreens retail space presents a prime opportunity for lease in Martinsville, Virginia. Located at 2707 Greensboro Road, this single-tenant building sits on a 1.38-acre lot at a hard-corner, signalized intersection with excellent visibility. The property boasts a convenient drive-thru, multiple entrances, and ample parking with 65 surface spaces. Benefiting from a B1 zoning classification, this freestanding building is ideal for a variety of retail uses and offers significant repurposing or redevelopment potential. The strategic location at the intersection of Greensboro Road (US Route 220) and Rives Road provides exceptional access to high traffic counts, with 12,000 vehicles daily on Greensboro Road and 6,000 on Rives Road. Built in 2008, the Class B building features one story and is served by Appalachian Power. The property's strong demographics further enhance its appeal, with a 5-mile radius encompassing a population of 29,470 and an average household income of $58,205 (2023 data). The property's APN is 229950001. This is a rare opportunity to acquire a well-positioned retail space in a thriving market.
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Walgreens Photo (Bike/Boat/Book/etc) Store
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Donna S. Roberson, RPH Pharmacy
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Bitcoin Depot | BDCheckout Atm
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COVID-19 Drive-Thru Testing at Walgreens Pharmacy
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Cardtronics ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Martinsville, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.