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 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
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