5001 Forest Hill Avenue
Richmond, VA 23225
MLS #RC10066501

Commercial
    $4,339,200
    Est. P&I payment: $16572.8/mo
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    Description for 5001 Forest Hill Avenue, Richmond, VA 23225
    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
    MLS #RC10066501
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    My Notes for MLS #RC10066501

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Retail
    • Zoning Code: COMMERCI

    Exterior Features

    • Water Front: N
    • Parking: Free

    Interior Features

    • Gross SQFT: 10,125
    • Net SQFT: 10,125

    Utilities Features

    • Sewer Septic: Other
    • Water: None

    Financial Features

    • Price Per Square Foot: 429
    • Total Taxes: 19,296
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 19,296
    • City Town Tax Payment Freq: Annually
    • Tax Year: 2017
    • Improvement Assessment Amount: 913,000
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 695,000
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 1,608,000
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2017
    • Gross Income: 216,960
    • Rental Net Operating Income: 216,960

    Community Features

    • City: 10014940791
    • County: Richmond City
    • HOA: N
    • Vacation Home: N
    • Advertised Subdivision: WESTOVER HILLS
    • Tax Legal Subdivision: WESTOVER HILLS

    Misc Features

    • Year Built: 1998
    • Tenancy: 3+ Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No

    Location

     
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    The listing information for 5001 Forest Hill Avenue, Richmond, VA 23225 was graciously provided by our friends at the listing brokerage, Triple Net Investment Group LLC

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    P&I Payment $16572.8
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    Last Updated 04/24/2018 at 4:37am
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