112 Browns Way Rd
Midlothian, VA 23114
Walgreens · Retail Property For Sale
PROPERTY FACTS
ABOUT 112 BROWNS WAY RD , MIDLOTHIAN, VA 23114
CBRE is pleased to offer for sale a well-located single tenant Virginia Walgreens in the Richmond-Petersburg MSA. There are six years remaining on the recently extended base term through September 30, 2023, with multiple 5-year options through 2058. Walgreens is well established at this location since 1998 and has strong annual sales. Walgreens is highly visible and prominently positioned on the signalized hard-corner intersection of North Woolridge Road and Midlothian Turnpike/U.S.60, considered a primary arterial between the cities of Midlothian and Richmond. State Route 288 is just two miles to the west, connecting I-64 with I-95. The surrounding trade area is extremely dense and include several high-profile tenants including: Walmart, Sam's Club, Target, Costco and Lowe's.
PROPERTY TAXES
| Parcel Number | 732-70-74-94-700-000 | Improvements Assessment | $2,980,200 |
| Land Assessment | $1,460,700 | Total Assessment | $4,440,900 |
