1500 Piney Forest Rd | Danville, VA 24540
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- LoopNet Team
1500 Piney Forest Rd
Danville, VA 24540
Walgreens- Long-Term Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- Corporate Backed Long Term Lease – Walgreens signed a new 25-year firm lease which runs through August of 2037
- Excellent Exposure and Accessibility Along Area’s Main Traffic Arteries – Combined daily traffic counts exceed 41,700 vehicles
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on NASDAQ and reported annual revenues in excess of $139 billion in 2020
- Hard Corner Location with Drive-Thru – Site is positioned along one of the City’s main retail corridors
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2012
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
2.15 AC
Zoning
HRC
PROPERTY TAXES
| Parcel Number | 55904 | Improvements Assessment | £1,621,158 |
| Land Assessment | £375,107 | Total Assessment | £1,996,265 |
PROPERTY TAXES
Parcel Number
55904
Land Assessment
£375,107
Improvements Assessment
£1,621,158
Total Assessment
£1,996,265
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