5001 Forest Hill Avenue

    Richmond, VA 23225
    • $4,339,200
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: RC10066501
    UPDATED: 79 min ago
    $4,339,200
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,125
      SQFT
    • $429
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1998
    County:

    School Ratings & Info

    Description

    Triple Net Investment Group is pleased to present an opportunity to purchase a CVS Pharmacy in the dominant and established location of Richmond VA serving the community for more than 19 years . CVS Pharmacy offers Customers the convenience of pharmacy and ample parking, In 2011-12 lease were extended to 25 years. The lease calls for 5 five years option with 5% rental increase. This CVS P

    Monthly Payment Calculator



    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than The Miller Team at ReMax Advantage Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-02-18T00:17:48.423.

    The Miller Team at ReMax Advantage Realty: 443-656-0550
    www.millerteam.com/homes/80404197

    5001 Forest Hill Avenue Richmond, VA 23225

    • Price: $4,339,200
    • Status: Active
    • Updated: 79 min ago
    • ID#: RC10066501
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,125
    SQFT
    $429
    $/SQFT
    1998
    Built
    Neighborhood:
    Westover Hills
    County:
    Richmond City
    Area:
    Richmond City
    Property Description
    Triple Net Investment Group is pleased to present an opportunity to purchase a CVS Pharmacy in the dominant and established location of Richmond VA serving the community for more than 19 years . CVS Pharmacy offers Customers the convenience of pharmacy and ample parking, In 2011-12 lease were extended to 25 years. The lease calls for 5 five years option with 5% rental increase. This CVS P
    Exterior Features

    Parking Free Waterfront No

    Interior Features

    Net Sq Ft 10125.0

    Property Features

    Assessment Year 2017 Auction No City Town Tax 19296.0 City Town Tax Payment Freq Annually Comm Industrial Type Retail Expenses 0.0 For Sale Yes Foreclosure No Gross Income 216960.0 HOA No Improvement Assessment Amount 913000.0 Improvement Assessment Payment Freq Annually Incorporated City 10000040108 Investment Yes Land Assessment Amount 695000.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 0.0 New Construction No Ownership Fee Simple Possession Negotiable Property Status Existing Rental Net Operating Income 216960.0 Sewer Septic Other Short Sale No Tax Legal Subdivision Westover Hills Tax Year 2017 Tenancy 3+ Year Lease(S) Total Assessment 1608000.0 Total Assessment Payment Freq Annually Total Taxes 19296.0 Total Taxes Payment Freq Annually Vacancy Factor 0.0 Vacation Home No Water None Zoning Code Commerci

    Listing courtesy of Robert Gamzeh of Triple Net Investment Group Llc.


    The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than The Miller Team at ReMax Advantage Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2018-02-18T00:17:48.423.

    The Miller Team at ReMax Advantage Realty: 443-656-0550
    The Miller Team at ReMax Advantage Realty
    6021 University Blvd
    Ellicott City MD, 21043