Historical Retail Sale Listing - Walgreens

Retail For Sale

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Walgreens

2425 Airline Boulevard, Portsmouth, VA 23701

N/A

14,550 SF | Retail

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Portsmouth VA Walgreens

Retail Property - Off Market

Price:
N/A
Building Size:
14,550 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Investment
Cap Rate:
6%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2007
Lot Size:
1.63 AC
Listing ID
15156051
Last Updated
over 1 year ago

Highlights

  • S&P A+ Credit
  • August 2007 Rent Commencement
  • Dense In-fill Location
  • Absolute Net Lease

Description

Absolute net 25 year lease with ten five-year options; rent is scheduled to commence mid-2007.

The City of Portsmouth is situated in Virginia's Hampton Roads region and is part of the Norfolk/Virginia Beach/ Newport News Metropolitan Statistical Area (MSA). Immediately across from the Walgreens site is "Victory Crossing" (formerly Tower Mall ) which includes Lowe's Home Improvement, Dollar Tree, Farm Fresh Grocery, A.J. Wright, and Ruby Tuesdays.

Map of 2425 Airline Boulevard, Portsmouth, VA 23701 (Portsmouth City County)

Research for 2425 Airline Boulevard, Portsmouth, VA 23701 (Portsmouth City County)

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