4238 W HUNDRED RD, CHESTER, VA 23831-1505 For Sale

11+ Years Remaining | Recent Extension | Placer.AI Ranking

• The tenant currently has 11+ years remaining on their initial lease with 8 (5-year) options to extend, demonstrating their commitment to the site

• As a top performing store, Walgreens illustrated commitment to the site in 2022 when they amended the lease to push out the primary term thru May 31, 2037, with options to control the site until May 31, 2077

• Excellent Placer Rankings | Nationwide: 82nd Percentile | Virginia: 95th Percentile

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises

• No landlord responsibilities

• Ideal, management-free investment for a passive investor

Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools & Apartments

• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Kroger, Target, Home Depot, Dunkin’, Ulta, HomeGoods, Hobby Lobby, Lowe’s and many more

• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

• The asset is in close proximity to Thomas Dale High School (2,570 students), CE Curtis Elementary School (727 students), Hyde Park Townhomes and Ashton Creek Apartments, further increasing consumer traffic to the area

Signalized, Hard Corner Intersection | Interstate 95 |Excellent Visibility & Access

• The asset is located at the signalized, hard corner intersection of W Hundred Rd and Centre St with a combined 46,000 vehicles passing by daily

• The site benefits from nearby direct on/off ramp access to Interstate 95, a major thoroughfare that averages 128,000 VPD

• The asset has excellent visibility via significant street frontage and a large monument sign

• Multiple points of ingress/egress

Strong Demographics in 5-mile Trade Area | Six-Figure Income

• More than 85,000 residents and 37,000 employees support the trade area

• $109,307 affluent average household income