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5802 W Broad St
Richmond, VA 23230
Walgreens | New 10 Year Lease Extension · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Tenant Signed New 10 Year Extension Showing Commitment to Site and Strong Performance at Location
  • Corporate Guarantee from Publicly Traded Company (S&P: BBB- and Moody’s: Ba2)
  • Located at the Signalized Intersection of West Broad Street and Libbie Avenue
  • Absolute Net Lease with Zero Landlord Responsibilities
  • Tenant has been Operating at the Site since 1996, Illustrating Long Term Commitment to the Location
  • Combined Total Traffic Counts are over 43,000 Vehicles Per Day

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,992 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.49 AC
Zoning
B-3 - General Business District
Parking
75 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
272’ on West Broad Street

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
771-740-5421
Land Assessment
$1,192,800
Improvements Assessment
$1,883,800
Total Assessment
$3,076,600
  • Listing ID: 32376929

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 5802 W Broad St, Richmond, VA 23230

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