711 W Main St
Abingdon, VA 24210
Owner/User or Redevelopment Opportunity · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,080 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.19 AC
ABOUT 711 W MAIN ST , ABINGDON, VA 24210
PHARMA PROPERTY GROUP is pleased to announce the sale of a freestanding retail building in Abingdon, Virginia. This asset is available for redevelopment as a fee simple acquisition or as an owner/user purchase. Walgreens will pay an annual rent of $172,125 over the next two years for a total of $344,250 through February 28th, 2021. First Bank Trust will maintain, insure and pay property taxes through February 28th, 2021. Subject property is located at the signalized corner of West Main Street and Porterfield Highway South West with combined traffic counts of 41,000 vehicles per day.
PROPERTY TAXES
| Parcel Number | 017-17-8 | Improvements Assessment | $1,245,700 |
| Land Assessment | $763,200 | Total Assessment | $2,008,900 |
