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Single Tenant Retail
Walgreens
2400 George Washington Memorial Hwy, Yorktown, VA
Listing Price: $5,962,733
Cap Rate
8.05%
Net Operating Income
$480,000
Lease Type
NNN
Lot Size
2.59 Acres
Rentable SF
14,820 SF
Guarantor
Corporate
Year Built
2006
Investment Highlights:
Exclusivley Listed By:
SENIOR MANAGING DIRECTOR INVESTMENTS
DERRICK DOUGHERTY
(215) 531-7026
ESTABLISHED TENANCY
» Walgreens has operated at this location for over 16 years (since 2009) and maintains a strong lease position with more than 9 years remaining.
ABSOLUTE NNN LEASE
» The property features a fully triple-net lease, offering investors a management-free asset with no landlord responsibilities, backed by a strong corporate guarantee.
PRIME REAL ESTATE
» Situated on a substantial 2.6-acre parcel, the property includes a 14,820 SF building, providing ample space and flexibility for retail operations.
TOP 22% IN VA
» This Walgreens ranks within the top 22% of locations in Virginia, attracting over 304,000 annual visitors, according to Placer.ai data.
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