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Drug Store

Walgreens

2400 George Washington Memorial Hwy, Yorktown, VA 23693

Listing Price: $5,962,733

Cap Rate
8.05%
Tenant Name
Walgreens
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.39

Investment Overview

Situated on a substantial 2.6-acre parcel, the property includes a 14,820 SF building, providing ample space and flexibility for retail operations. Positioned directly across from a Walmart Supercenter, which ranks in the top 8% nationally and top 2% in Virginia, drawing over 3 million annual visitors, enhancing cross-shopping opportunities. This site is within 1 mile of Chick-fil-A (#1 in U.S.), Wawa (Top 30% in U.S.), and Kroger Grocery Store (Top 18% in U.S.).

Investment Highlights

  • Walgreens has operated at this location for over 16 years (since 2009) and maintains a strong lease position with more than 9 years remaining.
  • The property features a fully triple-net lease, offering investors a management-free asset with no landlord responsibilities, backed by a strong corporate guarantee.
  • Situated on a substantial 2.6-acre parcel, the property includes a 14,820 SF building, providing ample space and flexibility for retail operations.
  • This Walgreens ranks within the top 22% of locations in Virginia, attracting over 304,000 annual visitors, according to Placer.ai data.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director / Market Leader

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Listing Price: $5,962,733

Cap Rate
8.05%
Tenant Name
Walgreens
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.39

Investment Highlights

  • Walgreens has operated at this location for over 16 years (since 2009) and maintains a strong lease position with more than 9 years remaining.
  • The property features a fully triple-net lease, offering investors a management-free asset with no landlord responsibilities, backed by a strong corporate guarantee.
  • Situated on a substantial 2.6-acre parcel, the property includes a 14,820 SF building, providing ample space and flexibility for retail operations.
  • This Walgreens ranks within the top 22% of locations in Virginia, attracting over 304,000 annual visitors, according to Placer.ai data.

Investment Overview

Situated on a substantial 2.6-acre parcel, the property includes a 14,820 SF building, providing ample space and flexibility for retail operations. Positioned directly across from a Walmart Supercenter, which ranks in the top 8% nationally and top 2% in Virginia, drawing over 3 million annual visitors, enhancing cross-shopping opportunities. This site is within 1 mile of Chick-fil-A (#1 in U.S.), Wawa (Top 30% in U.S.), and Kroger Grocery Store (Top 18% in U.S.).

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director / Market Leader

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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