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700 Merrimac Trl
Williamsburg, VA 23185

$2,485,649 USD

Drugstore For Sale  •  10,125 SF

Property Details

• Property Type Drugstore
• Total Building Size 9,963 SF
• Lot Size 2.62 AC
• Building Class B
• Year Built 1998
• Cap Rate 7.40 %
• Tenancy Single
• Zoning 0

0 Transit Score

58 Walk Score

Highlights

Positioned within the Virginia Beach MSA

Successful operating history since 1998

CVS executed multiple options demonstrating commitment (Most recently in 2022)

Located along Merrimac Trail (14,000 VPD) & within proximity to Interstate 64 (70,000 VPD)

Shadow anchor to James-York Plaza (Food Lion, Rent-A-Center, Subway, Dollar Tree, Metro by T-Mobile)

Affluent community - $131,000+ average household income within five miles

Property Flyers

OM-CVS-Williamsburg-VA

Cap Rate:

7.40 %

Major Tenants

Tenant	SF Occupied	Lease End Date
CVS Pharmacy		1/31/2029

Amenities

• Bus Line
• Dedicated Turn Lane
• Pylon Sign
• Signage
• Signalized Intersection

Public Transportation

Airport	Drive	Walk	Distance
Newport News/Williamsburg International	26 min	-	15.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	26
Type:	Surface
Included in Rent:	Yes