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5802 W Broad St
Richmond, VA 23230
Walgreens | New 10 Year Lease Extension · Retail Property For Sale
![5802 W Broad St, Richmond, VA for sale - Building Photo - Image 1 of 1](https://images.loopnet.co.uk/i2/CCIzF3OjjXIGbyDHYcWKS_Y0ytyRxu2reolUHxU52ro/110/5802-W-Broad-St-Richmond-VA-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- Tenant Signed New 10 Year Extension Showing Commitment to Site and Strong Performance at Location
- Corporate Guarantee from Publicly Traded Company (S&P: BBB- and Moody’s: Ba2)
- Located at the Signalized Intersection of West Broad Street and Libbie Avenue
- Absolute Net Lease with Zero Landlord Responsibilities
- Tenant has been Operating at the Site since 1996, Illustrating Long Term Commitment to the Location
- Combined Total Traffic Counts are over 43,000 Vehicles Per Day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,992 SF
Building Class
C
Year Built
1996
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
1.49 AC
Zoning
B-3 - General Business District
Parking
75 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
- 272 ft on West Broad Street
- 297 ft on Henderson Road
- 307 ft on Libbie Avenue
AMENITIES
- Bus Route
- Pylon Sign
- Signage
- Signalised Intersection
PROPERTY TAXES
Parcel Number | 771-740-5421 | Improvements Assessment | £1,396,441 |
Land Assessment | £947,644 | Total Assessment | £2,344,085 |
Listing ID: 32376929
Date on Market: 08/07/2024
Last Updated:
Address: 5802 W Broad St, Richmond, VA 23230