9498 Charter Gate Dr
Mechanicsville, VA 23116
CVS | 20 Year NNN | Richmond MSA · Retail Property For Sale
Property Facts
Amenities
- Signage
- Air Conditioning
About 9498 CHARTER GATE DR , MECHANICSVILLE, VA 23116
Dallas Net Lease is please to present the opportunity to acquire a strong performing CVS located in the city of Mechanicsville, VA, an affluent suburb of Virginia. It sits at the intersection of Charter Gate Drive and Atlee Station Road, about 7 miles north of Richmond and a mile south of the Hanover Airport. The property is next to the Kings Charter development which is an established, sought after residential community with over 900 single family homes. CVS signed a new 20-year lease showing its strong commitment to the site. Following the initial term there are 10-5-year option periods that have 7% increases in each. It is in a strong retail trade area being located next to Food Lion, McDonalds, BB&T, Walmart Neighborhood Market, The Home Depot, Sheetz and many more. The interest being sold is Fee-Simple and the property will be delivered free and clear of debt. CVS is responsible for all maintenance and repairs, leaving the Landlord with zero responsibilities.
Property Taxes
| Parcel Number | 7797-06-2623 | Improvements Assessment | $1,305,900 |
| Land Assessment | $826,300 | Total Assessment | $2,132,200 |
Property Taxes
