5802 W Broad St
Richmond, VA 23230
Walgreens | New 10 Year Lease Extension · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant Signed New 10 Year Extension Showing Commitment to Site and Strong Performance at Location
- Corporate Guarantee from Publicly Traded Company (S&P: BBB- and Moody’s: Ba2)
- Located at the Signalized Intersection of West Broad Street and Libbie Avenue
- Absolute Net Lease with Zero Landlord Responsibilities
- Tenant has been Operating at the Site since 1996, Illustrating Long Term Commitment to the Location
- Combined Total Traffic Counts are over 43,000 Vehicles Per Day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,992 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.49 AC
Zoning
B-3 - General Business District
Parking
75 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 771-740-5421 | Improvements Assessment | $1,757,700 |
| Land Assessment | $1,192,800 | Total Assessment | $2,950,500 |
