Commercial Real Estate Virginia
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JUST LISTED
Price:
$4,515,862
Cap Rate:
7.25%
Location:
Madison Heights, VA (Lynchburg MSA)
Size:
13,813sf
Property Website
Property Highlights:
Closest Walgreens Is 9 Miles Away
Absolute Net Lease; Zero LL Maintenance Responsibilities
20 Year Lease, 9.5 Years Remaining
Newer Prototype Building; Aesthetically Pleasing All Brick Construction With A Drive Thru
Currently Subleased To Goodwill
Located At The Major Signalized Corner In Madison Heights, Along Area's Dominant Retail Trade Corridor
Directly Across From Grocery Anchored Center & Walmart Supercenter
Corporate Guarantee Rite Aid; Market Cap Of $8.86B; Recently Announced Acquisition By Walgreens
Lynchburg MSA, 300,000 People
Dan Elliot
312.529.5792
dan.elliot@svn.com
Sean Lutz
312.529.5790
sean.lutz@svn.com
All Sperry Van Ness ® Offices Independently Owned & Operated