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Size: 1.52 Acres
Type: Commercial Property, Homesites
1.52 Acres in Williamsburg, VA - $6,623,000
Extremely well-located Walgreens that has just completed construction and is scheduled to open April 1st 2007. Tenant has signed a 75 year lease (25 year primary term with ten (10) five (5) year options to terminate). This absolute NNN lease stipulates that following the first year of occupancy, the tenant is responsible for all roof, structure, repairs, and parking lot maintenance, which makes this an excellent absentee owner investment property. The building is 14, 707 +/- square feet situated on 1.524 acres.
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