1301 E Nine Mile Rd | Highland Springs, VA 23075
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- LoopNet Team
1301 E Nine Mile Rd
Highland Springs, VA 23075
CVS- Richmond, VA MSA | New 20 Year NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS will execute a new 20 year lease underscoring their long term commitment to the site
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $268 billion in 2020
- Less than Two Miles North of Richmond International Airport – Services over four million passengers annually
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Six Miles East of Downtown Richmond – 35,000 residents within a three-mile radius and over 87,000 residents within a five mile radius
- Hard Corner Location with Drive-Thru – Excellent accessibility along main traffic corridors (37,300 vpd)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,013 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.68 AC
Zoning
MIXED
Parking
56 Spaces (4.3 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Signage
PROPERTY TAXES
| Parcel Number | 825-721-1316 | Improvements Assessment | $2,419,400 |
| Land Assessment | $404,100 | Total Assessment | $2,823,500 |
PROPERTY TAXES
Parcel Number
825-721-1316
Land Assessment
$404,100
Improvements Assessment
$2,419,400
Total Assessment
$2,823,500
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