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121st 10th St
Lynchburg, VA 24502
4 Unit CVS Portfolio - TX, NH, WV, VA · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Attractive Assumable Debt (NON-RECOURSE) - Requires Only 27% Down Payment.
  • Ideal Price Point for a 4-Unit CVS Portfolio - Tremendous Opportunity for Investors Seeking Diversification.
  • Ideal 1031 Exchange Replacement Properties.
  • Tenant Recently Exercised Lease Extensions on all Four Stores; Representing Tenant Long Term Commitment to Each Location.
  • Absolute Net Bond Lease Structures | Long Term Lease Structures.
  • Corporate Guaranteed Lease's | Standard & Poor’s Rating "BBB".

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
12,200 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.13 AC
Zoning
B-GC,C - Commercial
Parking
54 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
254’ on Timberlake Rd

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
021A-01000-005-0
Land Assessment
$385,300
Improvements Assessment
$1,499,000
Total Assessment
$1,884,300
  • Listing ID: 20624425

  • Date on Market: 8/13/2020

  • Last Updated:

  • Address: 121st 10th St, Lynchburg, VA 24502

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