11120 Patterson Ave - Drug Store FOR SALE
Richmond, VA 23238 |
$3,500,000 USD
804-802-6882
11120 Patterson Ave
Richmond, VA 23238
HIGHLIGHTS
- CVS Pharmacy | Corporate Guaranty | Just Under 10 Years Remaining
- Five 5-Year Options each with a 10% Increase
- Strong Performing Location: Operating for 15 Years on Site with Continued Foot Traffic Growth | 16% Increase Last 3 Years (Placer Ai)
- Protected Wetlands to the South and East Precludes Competing Development
- Affluent Area | $149,000 Avg Household Income Within 3 Miles
- New Construction and QSRs at Adjacent Tuckahoe Village Shopping Center
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$255 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
59
LAND DETAILS
LAND ACRES
2.59 AC
LAND SF
112,820 SF
ZONING
B2C
APN/PARCEL ID
738-742-9542
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804-802-6882
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804-802-6882
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