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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

PROPERTY TAXES

Parcel Number
55904
Land Assessment
£375,107
Improvements Assessment
£1,621,158
Total Assessment
£1,996,265
  • Listing ID: 23937193

  • Date on Market: 19/08/2021

  • Last Updated:

  • Address: 1500 Piney Forest Rd, Danville, VA 24540

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