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14566 Forest Rd
Forest, VA 24551

$3,500,000 USD

Drugstore For Sale  •  13,493 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,493 SF
  • Lot Size 2.8 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 8.80 %
  • Tenancy Single
  • Zoning PCD
0 Transit Score
37 Walk Score

Highlights

Very Affluent Community | Average Household Income Exceeds $127k in 1-Mile Radius and $117k in 3-Mile Radius
Dense Population | Over 50,100 Residents in 5-Mile Radius
Strong Combined Average Traffic Counts of 34,700+ VPD (Forest Rd & Perrowville Rd)
Huge 2.80 Acre Lot with Double Drive Thru Surrounded by Every Major Retailer
Surrounded by Major National Tenants including Kroger, Walmart Neighborhood Market, McDonald’s, Tractor Supply, Ace Hardware, Taco Bell, and more
Located in Forest, VA, a Suburb of Lynchburg: the 5th Largest MSA in VA and Home to Liberty University which Enrolls over 135,000 Students

Property Flyers

Cap Rate: 8.80 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS Pharmacy 13,493 SF 1/31/2033

Amenities

  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Lynchburg (Crescent - Amtrak, Northeast Regional - Amtrak) 18 min - 9.5 mi
AirportDriveWalkDistance
Lynchburg Regional/Preston Glenn Field 18 min - 7.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Michael Fideler 818-730-1195 JTU Net Lease Group
Michael Fideler 818-730-1195 JTU Net Lease Group