5501 Wesleyan Dr | Virginia Beach, VA 23455
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5501 Wesleyan Dr
Virginia Beach, VA 23455
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant commitment to site | Walgreens signed a 10 year lease extension in 2014 through 2030
- Signalized corner intersection | Wesleyan Dr & Diamond Springs Rd | 38K VPD Combined
- Located inside dense retail corridor | 4.3MM SF within a 2-mile radius
- Strong performing store | Excellent store sales
- Investment grade credit | Baa2/BBB | Corporate lease
- Long operating history | Since 2000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,120 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.80 AC
Zoning
B2
Parking
61 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1468-34-6961 | Improvements Assessment | $2,121,600 |
| Land Assessment | $1,280,200 | Total Assessment | $3,401,800 |
PROPERTY TAXES
Parcel Number
1468-34-6961
Land Assessment
$1,280,200
Improvements Assessment
$2,121,600
Total Assessment
$3,401,800
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