CVS | 4126 Plantation Rd NE
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CVS 4126 Plantation Rd NE
11,945 SF Retail Building Roanoke, VA 24012 £2,248,970 (£188/SF) 7.96% Net Initial Yield
Investment Highlights
- 13 years remaining with no landlord responsibilities providing passive ownership.
- Positioned at a signalized Corner Location: 2.05 Acres (89,397 SF) on the corner of Preston and Plantation Road
- 131,000 People within a 5-Mile radius
- The lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P.
- 3 miles outside of downtown Roanoke & 2.5 miles to Roanoke-Blacksburg Regional Airport
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,945 SF
Building Class
B
Year Built
2011
Price
£2,248,970
Price Per SF
£188
Net Initial Yield
7.96%
NOI
£178,970
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
2.05 AC
Zoning
CN
Frontage
Amenities
- Bus Route
- Corner Lot
- Pylon Sign
- Signage
- Signalised Intersection
- Drive Thru
PROPERTY TAXES
Parcel Number | 319-0325 | Improvements Assessment | £1,203,422 |
Land Assessment | £384,498 | Total Assessment | £1,587,920 |
PROPERTY TAXES
Parcel Number
319-0325
Land Assessment
£384,498
Improvements Assessment
£1,203,422
Total Assessment
£1,587,920
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CVS | 4126 Plantation Rd NE
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