Freestanding For Sale
13,788 Sq Ft
We are pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant NNN leased investment that is fully leased to Walgreen Co. with 8.3 years remaining on the base term and 10 - 5 year option periods. Comprised of a 13,650 SF building and situated on a large 1.91 acre lot; the subject property is located just off Interstate 295 in the highly affluent community of Glen Allen (~12 miles from downtown Richmond, VA) and benefits from its highly visible hard corner signalized intersection positioning as well as its proximity to major traffic generators such as Publix and Food Lion. This is an excellent opportunity to purchase a true investment grade tenant - “BBB” by S&P’s, with 8+ years remaining, on an absolute NNN Lease providing passive income through zero landlord responsibilities.