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2712 Peters Creek Rd
Roanoke, VA 24019

$3,672,232 USD

Drugstore For Sale  •  11,970 SF

Property Details

• Property Type Drugstore
• Total Building Size 11,970 SF
• Lot Size 2.28 AC
• Building Class C
• Year Built 2006
• Cap Rate 7.75 %
• Tenancy Single
• Zoning C2S

30 Transit Score

40 Walk Score

Highlights

Adjacent to 216-unit Smith Ridge Commons apartments, opening 2026, driving daily-needs demand.

$75.8M Roanoke County Career & Technology Center opening Fall 2026 along Peters Creek Road.

Signalized intersection with ±28,100 VPD; direct access to I-581 and I-81.

Absolute NNN lease — no landlord responsibilities; ideal for 1031 exchange investors.

Corporate guarantee from CVS Health (NYSE: CVS), one of the largest pharmacy companies in the U.S.

±2.28-acre parcel with drive-thru, multiple ingress/egress points, and strong road frontage.

Cap Rate:

7.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
CVS Pharmacy

Public Transportation

Commuter Rail	Drive	Walk	Distance
Roanoke (Northeast Regional - Amtrak)	11 min	-	6.8 mi
Airport	Drive	Walk	Distance
Roanoke/Blacksburg Regional (Woodrum Field)	11 min	-	4.8 mi