1460 Lee Hwy | Bristol, VA 24201
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1460 Lee Hwy
Bristol, VA 24201
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 8.5 YEARS REMAINING | ABSOLUTE NNN LEASE | ZERO LANDLORD REPONSIBILITIES | (10) 5-YEAR OPTIONS
- CUSTOM BUILT FOR WALGREENS IN 2005 | SITUATED ON OVERSIZED 2.29-ACRE LOT | 14,550 SF
- INTERSTATE 81 TIES TO KNOXVILLE, TN AND ROANOAKE, VA | STRONG AND GROWING DEMOS | 49k PEOPLE IN 5-MILE RADIUS
- WALGREENS (S&P BBB) CORPORATE GUARANTEE | FEE SIMPLE ASSET | DRIVE-THRU SITE
- COMBINED 16,800 VEHICLES TRAVELING PER DAY AT CORRIDOR | LESS THAN ONE MILE TO INTERSTATE 81 | 57,658 VPD
- RETAILERS IN IMMEDIATE VICINITY INCLUDE: LOWE’S, CABELA’S, HOBBY LOBBY, KROGER, PLANET FITNESS, O’REILLY AUTO PARTS, FEDEX, DOLLAR GENERAL, ETC.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.29 AC
Zoning
C - Commercial
Parking
52 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
177’ on Lee Hwy
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 8-9-1 | Improvements Assessment | $2,005,000 |
| Land Assessment | $698,300 | Total Assessment | $2,703,300 |
PROPERTY TAXES
Parcel Number
8-9-1
Land Assessment
$698,300
Improvements Assessment
$2,005,000
Total Assessment
$2,703,300
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