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2418 George Washington Memorial Hwy
Hayes, VA 23072
Walgreens · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease with 15 Years of Lease Term
- Highly Trafficked Hwy Location
- Large Site with Drive-Thru Pharmacy
- Proximity to Naval and Air Force Bases
- Major Retail Corridor
- Investment Grade Guaranty by Walgreen Co.
Property Facts
Amenities
- Pylon Sign
- Signage
- Drive Thru
About 2418 GEORGE WASHINGTON MEMORIAL HWY , HAYES, VA 23072
Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Walgreens property located at 2418 Highway 17, Hayes, Virginia (the “Property”). Walgreens is operating under the original lease structure, a 25-year absolute NNN lease with zero landlord responsibilities, allowing investors the ability to acquire a truly passive credit investment. The lease has 15 years remaining along with options that permit Walgreens to occupy the Property until 2085. Walgreens has been at this location since 2011.
Property Taxes
| Parcel Number | 16129 | Improvements Assessment | $2,260,110 |
| Land Assessment | $2,498,500 | Total Assessment | $4,758,610 |
Property Taxes
