306 W Atlantic St | Emporia, VA 23847
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306 W Atlantic St
Emporia, VA 23847
CVS Emporia, VA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Positioned in the Heart of the Area’s Medical Hub: Less than a half-mile from Bon Secours Southern VA Medical Center
- HealthHub and Drive-Thru Location: Site features excellent exposure and accessibility on one of the area’s main commercial corridors
- Absolute NNN Lease Structure: Zero landlord responsibilities for operating or capital expenses
- Surrounded by Retail Developments: Over 864,000 square feet of retail properties within a one-mile radius
- Corporate Backed Long-Term Lease: CVS signed a 25- year lease with approximately 12 years remaining on the initial lease term
- BBB Credit Rating by Standard & Poor’s: Tenant is publicly traded on the NYSE and reported annual revenues in excess of $322 billion in 2022
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,376 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.58 AC
Zoning
AA4
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1221301 | Improvements Assessment | $1,429,600 |
| Land Assessment | $178,100 | Total Assessment | $1,607,700 |
PROPERTY TAXES
Parcel Number
1221301
Land Assessment
$178,100
Improvements Assessment
$1,429,600
Total Assessment
$1,607,700
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