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31 W MAIN ST Radford VA 24141

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Details
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug (+1)
Building SqFt 11,970
Year Built 2000
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 37.1376
Longitude -80.5691

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Pharmacy/Drug, Storefront
Investment Highlights

STRONG INVESTMENT GRADE TENANT

  • CVS Health is a BBB-rated, publicly traded company with over 9,000 locations and $372.8B in 2024 revenue

LONG OPERATING HISTORY

  • CVS has operated at this location since 2008 (17 years) under a 25- year NNN ground lease guaranteed by corporate, expiring January 2033 with six 5-year renewal options at 5% rent increases.

STRONG REAL ESTATE FUNDAMENTALS

  • Situated on 1.9 acres, this property features an 11,970 SF building with Drive Thru and nearly 70 parking spaces.

STRATEGIC COLLEGE TOWN LOCATION

  • Directly across from Radford High School (500+ students) and Radford Middle School (500+ students), and within 1 mile of Radford University (9,400+ students, region’s largest employer). Strong built-in demand from students and families.

DUAL ACCESSIBILITY & STRONG VISIBILITY

  • Located at a signalized intersection along West Main Street seeing over 18,000 vehicles daily, the property boasts excellent exposure and has multiple points of ingress and egress.

DOMINANT MARKET POSITION

  • Only pharmacy in the Radford MSA, serving 24,000+ residents with no direct competition. Positioned along Lee Highway (26K VPD) at the bridge entry, the site benefits from unmatched visibility and reliability as the community’s primary provider of prescriptions and essential health goods.

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
DD
Derrick Dougherty PRO
•••.•••.7026
••••••erty@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
JH
Jacob Haslach
•••.•••.7078
•••••.•••lach@•••••••••••••••.com
Brokerage logo

Map

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