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1157 Azalea Ave
Richmond, VA 23227
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,865 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.83 AC
Zoning
R-2,B-2 - Commercial Business'
Parking
50 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
276’ on Azalea Ave

AMENITIES

  • Bus Line
  • Signage

ABOUT 1157 AZALEA AVE , RICHMOND, VA 23227

Retail Investment Group is pleased to be the exclusive listing agent for Walgreens in Richmond, Virginia. The subject property is ±13,865 square feet and sits on ±1.83 acres of land. This is a NN (Roof and Structure) lease and has 8 years remaining (expiring on August 31, 2027). Walgreens is situated just off the I-95, which sees over ±127,076 vehicles per day and has a population of over ±239,694 within a 5-mile radius and more than ±91,854 households within a 5-mile radius. This Walgreens location is less than 10-miles north of Downtown Richmond in the middle of numerous large residential areas including single-family homes, apartment complexes and retirement communities. It is less than a 5-minute drive from multiple schools including Henderson Middle School and John Marshall High School as well as walking distance from Westminster Canterbury Retirement Community (home to ±900 residents). Nearby area generators include the Brookhill Azalea Shopping Center, Lewis Ginter Botanical Garden, Maymont Nature Center, Science Museum of Virginia, Children's Museum of Richmond and Richmond Raceway.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • N017-0078-013
  • N017-0078-027
  • N017-0078-012
Land Assessment
$1,456,000
Improvements Assessment
$1,437,000
Total Assessment
$2,893,000
  • Listing ID: 17101483

  • Date on Market: 9/4/2019

  • Last Updated:

  • Address: 1157 Azalea Ave, Richmond, VA 23227

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