This Retail Property is no longer advertised on LoopNet.com.

2704 Oaklawn Blvd
Hopewell, VA 23860

CVS | Zero Cash Flow · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Investment Grade Tenant, Rated BBB by S&P
  • Fully-Amortizing Debt
  • 23-Years Remaining on Original 25-Year Absolute NNN Lease
  • Assumable Non-Recourse Debt with Only a 18% Equity Requirement
  • 82% Return-to-Equity through Amortization in the First 5-Years of the Lease
  • Attractive Retail Location in the Richmond MSA

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,945 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.66 AC
Zoning
B3
Parking
45 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
438 FT on Oaklawn Blvd

PROPERTY TAXES

  • Listing ID: 24175386

  • Date on Market: 9/27/2021

  • Last Updated:

  • Address: 2704 Oaklawn Blvd, Hopewell, VA 23860