Mechanicsville, VA - Walgreens
$7,573,000
7039 Mechanicsville Tpke, Mechanicsville, VA 23111
7.5
Cap Rate
568,000
NOI
Details:
Description:
• Over 10 years remaining with 10 (5-year) option periods to extend
• Lease is corporate signed by Walgreens Co.
• Located just east of Interstate 295, a major north/south travelling highway averaging 98,000 vehicles passing by daily
• Located as an outparcel to Hanover Village, a 130,000 square foot shopping center with major tenants including Publix, ALDI, Tractor Supply Co, Dollar Tree, and more
• Situated just northeast of Hanover Square, a 268,000 square foot shopping center anchored by Hobby Lobby, Kohl’s, and more
• Positioned a mile northeast of Hanover Square North, an 82,000 square foot shopping center anchored by Marshalls and Old Navy
• Located in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, The Home Depot, Lowe’s Home Improvement, Target, Kroger, and more, further increasing consumer traffic to the site
Location
Gallery