16412 Wise St | Saint Paul, VA 24283
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16412 Wise St
Saint Paul, VA 24283
NNN Walgreens - Newest Small-Format Prototype · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Lease with Walgreen Co. (Nasdaq: WBA), Credit-Rated Tenant (S&P: BBB)
- Highest Cap Rate Offered for a Small-Prototype Walgreens on the Market
- NNN Lease - Passive Investment Ideal for 1031 Exchange, 10 Year Initial Lease Term with No Termination Right
- Relocation from In-Line Store to Freestanding and Centrally Located with Freeway Visibility and Access
- Brand New Building with Newest 2,500 SF Drive-Thru Prototype
- 10 Year Initial Lease Term with No Termination Right
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
2,500 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.50 AC
PROPERTY TAXES
| Parcel Number | 157LIB6 | Improvements Assessment | $289,300 |
| Land Assessment | $104,600 | Total Assessment | $393,900 |
PROPERTY TAXES
Parcel Number
157LIB6
Land Assessment
$104,600
Improvements Assessment
$289,300
Total Assessment
$393,900
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