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5917 High St
Portsmouth, VA 23703

$3,672,000 USD

Drugstore For Sale  •  14,490 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,490 SF
• Lot Size 1.76 AC
• Building Class B
• Year Built 2004
• Cap Rate 10.00 %
• Tenancy Single
• Zoning GMU

31 Transit Score

58 Walk Score

Highlights

Absolute Net Lease - zero landlord responsibilities

Strong store sales over $2.9M

Walgreens will add 6 years of firm term for ~300k

15 miles from Norfolk International Airport

Preferred 5-year option structure

Full Walgreens corporate guaranty

Property Flyers

Loopnet WAG - Portsmouth, VA_OM 5 Year

Cap Rate:

10.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Walgreens		8/31/2079

Amenities

• Bus Line
• Pylon Sign

Public Transportation

Commuter Rail	Drive	Walk	Distance
	17 min	-	9.9 mi
Airport	Drive	Walk	Distance
Norfolk International	28 min	-	14.4 mi
Newport News/Williamsburg International	38 min	-	26.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	53
Type:	Surface
Included in Rent:	Yes