Investment Sale: NNN Leased CVS Property in Fredericksburg, VA Retail Corridor
CVS
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Financial Details
- Asking Price:
- $1,250,000
- Cash Flow / SDE:
- $1,250,000
- Profit Metric:
- Asking Price
- Valuation Multiple:
- 1.0x
- Location:
- Fredericksburg, VA, US
- Source:
- Date:
- October 25, 2025
Key Highlights
Secure, NNN-leased investment property offering reliable, long-term passive income.
Prime location in a highly trafficked retail corridor near I-95 with 50,000 daily vehicles.
Situated within Chancellor Center alongside major national anchors, benefiting from strong co-tenancy.
Description
This listing presents a rare investment opportunity to acquire a 11,994 SF commercial property located in Fredericksburg, VA, currently operating under a Net-Net-Net (NNN) lease with CVS Pharmacy. The property is strategically situated on Plank Road, a major retail artery with 50,000 daily vehicles, within the established Chancellor Center alongside national anchors like Tractor Supply Co. and Weis Markets. The sale is structured as an online auction with a starting bid of $1,250,000. This asset appeals to investors seeking stable, passive income derived from a credit tenant in a rapidly growing demographic area.
Industry Information
- Industry Description:
- This listing concerns the sale of a commercial real estate asset, specifically a Net-Net-Net (NNN) leased property occupied by CVS Pharmacy, situated within a major retail corridor.
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2008
Real Estate & Lease
- Status:
- For Sale
- Real Estate Price:
- $1,250,000 USD
Broker Contact
- Name:
- Brad Wiseman
- Phone:
- (818) 880-9900
Listing Details
- Listing ID:
- e411c981-b7a4-4706-b059-83406a9beab0
- Deal Status:
- For Sale
- Last Updated:
- October 25, 2025
- Currency:
- USD
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