CVS Pharmacy – Richmond

Property Type: | Property Status: Sold

CVS Pharmacy

Property Details

Price: $2,935,000

CAP Rate:

Square Feet:

Tenancy Type: National

Lease Type: Absolute NNN

Location Info

Address: 5001 Forest Hill Avenue

City: Richmond

State: VA

Zip: 23225

Property Description

Short Description:
The Cooper Commercial Investment Group of Cleveland is pleased to announce the sale of the CVS Pharmacy located at 5001 Forest Hill Avenue, Richmond, Virginia. CVS is on a 20-year Absolute Triple Net (NNN) Lease with approximately 7.5 years of original term remaining. The 10,800 square foot property was built in 1999 and is optimally located at the main intersection of, Forest Hill Avenue and Westover Hills Boulevard, which has approximately 50,000 vehicles per day.