Collinsville, VA - Lincare

Description:

• Lincare, Inc. Corporate signed lease
• Lincare, Inc. is a subsidiary of Linde plc (NASDAQ: LIN | S&P: A), a multinational chemical company with a market cap of over $214 billion
• Over 1.5 years remaining with 2 (2-year) option periods to extend
• The lease features 5% rental increases at the beginning of each option

• The subject property is located in a primary retail corridor with national/credit tenants including Walgreens, CVS, Dollar General, McDonald’s, Wendy’s, Taco Bell, O’Reilly Auto Parts, and many others
• Located near the intersection of US Highway 220 Business and State Highway 174, which combine to average over 34,000 vehicles passing by daily and serve distribution centers for companies such as Hanes, Monogram Foods, Eastman, and many others
• Strong tenant synergy promotes crossover shopping to the subject property
• The property features multiple roll-up doors and a covered loading dock in addition to office space, providing users with a variety of different uses