- For Sale $1,869,919
- Property Type Retail - Street Retail
- Property Size 8,775 SF
- Lot Size 0.84 Acre
- Property Tenancy Single Tenant
- Date Updated Nov 11, 2026
Description
This offering features a corporate net lease backed by a guaranty from CVS Pharmacy, Inc. CVS has operated this 8,775-square-foot drugstore since 1997 and signed a 15-year extension in 2022 through January 31, 2038, with over 11 years remaining, plus four, 5-year renewal options, which include 5% rental increases.
The property sits in Stafford, Virginia, within the I-95 Exit 143 node, a mile from the interstate. Stafford County’s population grew 8.8% from 2020 to 2025, to an estimated 170,803 residents, with median income of $137,807, and Marine Corps Base Quantico, a 20-minute drive away, anchors a $6.96 billion economic impact on the National Capital Region, per Quantico's FY2023 Economic Impact Report.
Highlights
- A new 10-mile express-lane addition to I-95 begins at its Route 610 interchange and extends south toward Fredericksburg
- Approximately 1 mile from I-95 at the Aquia/Garrisonville interchange, near a Walmart Supercenter and Aquia Town Center’s grocery-anchored redevelopment
- Current annual rent is $115,000 ($13.11/SF)
- CVS Health Corporation (NYSE: CVS) reported $108.4 billion in Q3 2026 revenue, up 5.4%, with GAAP diluted EPS of $1.68, versus a loss of $3.13 a year earlier
- CVS Health raised its 2026 guidance to at least $6.98 in GAAP diluted EPS and at least $420.0 billion in revenue
- CVS is the only freestanding chain drugstore on this stretch of Richmond Highway (US-1) following Rite Aid’s nationwide closure in fall 2025
- CVS Pharmacy, Inc., the guarantor, is a subsidiary of CVS Health Corporation
- CVS plans to open roughly 60 stores in 2026 and expects openings to exceed closures, its first net increase in several years
- CVS signed a new 15-year extension in September 2022 through January 31, 2038, with four, 5-year renewal options carrying 5% increases
- Dedicated drive thru lane drive sales and supports underlying property value
- Marine Corps Base Quantico supports a 28,385-person workforce, with Stafford County capturing $1.98 billion of its regional economic impact, per Quantico’s FY2023 Ecnomic Impact Report
- Signalized corner outparcel to a grocery anchored shopping center
- Stafford County posted a 2.7% unemployment rate in 2024, below the state (2.9%) and national (4.0%) rates, with median income of $137,807
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Contacts
Justin Stark
CP Partners
Location
Located at 2614 Jefferson Davis Highway, Stafford, VA 22554, this property is part of the Foreston Woods North neighborhood and Washington DC Suburban Maryland market.
Contact Listing Broker
Justin Stark
CP Partners
