This Retail Property is no longer advertised on LoopNet.com.
2704 Oaklawn Blvd
Hopewell, VA 23860
CVS | Zero Cash Flow · Retail Property For Sale
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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
- 310 FT on Stewart Ave
PROPERTY TAXES
Parcel Number | 081-0731 | Improvements Assessment | $2,125,900 |
Land Assessment | $518,000 | Total Assessment | $2,643,900 |
Listing ID: 24175386
Date on Market: 9/27/2021
Last Updated:
Address: 2704 Oaklawn Blvd, Hopewell, VA 23860
The Retail Property at 2704 Oaklawn Blvd, Hopewell, VA 23860 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.