Investment Overview

Marcus and Millichap is pleased to present 709 E Main St, Floyd, VA. It is a single-tenant net-leased retail investment occupied by Virginia CVS Pharmacy, L.L.C., a nationally recognized pharmacy operator that has served the Floyd market since 2017. The approximately 7,700-square-foot freestanding building sits on East Main Street, the town’s primary commercial corridor, offering strong visibility and convenient access in the county seat of Floyd County. The property is 100% occupied under a net lease with minimal landlord responsibilities, providing investors with stable, passive income. The current lease term runs through October 31, 2031, with six 3-year renewal options featuring 5% rent increases, supporting long-term income growth. This offering presents an opportunity to acquire a net-lease investment backed by an essential-service retailer in a supply-constrained, service-oriented rural market.