CVS | 4126 Plantation Rd NE
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CVS 4126 Plantation Rd NE
11,945 SF Retail Building Roanoke, VA 24012 $2,846,762 ($238/SF) 7.96% Cap Rate
Investment Highlights
- 13 years remaining with no landlord responsibilities providing passive ownership.
- Positioned at a signalized Corner Location: 2.05 Acres (89,397 SF) on the corner of Preston and Plantation Road
- 131,000 People within a 5-Mile radius
- The lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P.
- 3 miles outside of downtown Roanoke & 2.5 miles to Roanoke-Blacksburg Regional Airport
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,945 SF
Building Class
B
Year Built
2011
Price
$2,846,762
Price Per SF
$238
Cap Rate
7.96%
NOI
$226,541
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
2.05 AC
Zoning
CN
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
Parcel Number | 319-0325 | Improvements Assessment | $1,523,300 |
Land Assessment | $486,700 | Total Assessment | $2,010,000 |
PROPERTY TAXES
Parcel Number
319-0325
Land Assessment
$486,700
Improvements Assessment
$1,523,300
Total Assessment
$2,010,000
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CVS | 4126 Plantation Rd NE
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