CVS Pharmacy (Dark)
Retail | 7.97% CAP | 10,112 SqFt
Investment highlights
Currently dark, creating a compelling value-add opportunity through future re-tenanting or redevelopment
Approximately 3 years of guaranteed rental revenue on the lease
Positioned at the signalized, hard-corner intersection of Courthouse Road (38,000 VPD) and Stoney Creek Drive (4,300 VPD)
Located just off Interstate 95 (119,000 VPD)
Situated within a dense retail corridor, steps from national brands including Wawa, Big Lots, Starbucks, Little Caesars, and Popeyes
Located just minutes from the newly built Veterans Administration Fredericksburg Health Care Center, the nation’s largest VA outpatient clinic (470,000 SF)
In close proximity to major retail destinations such as Four Mile Fork Center (1.9M annual visits) and Cosner’s Corner (5.1M annual visits), a top-performing Target-anchored neighborhood center ranking in the 99th percentile nationally among comparable centers according to Placer.ai
Supported by more than 122,400 residents (AHHI $130,168) in the 5-mile trade area
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