- For Sale $2,485,649
- Property Type Retail
- Property Size 9,963 SF
- Lot Size 2.62 Acre
- Year Built 1998
- Date Updated May 14, 2026
Description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased CVS positioned within the Virginia Beach MSA in
Williamsburg, Virginia. CVS has successfully operated from this location since 1998 with multiple lease renewals, demonstrating commitment
to the site. The current term runs through January 2029 and contains four 5-year options remaining. CVS is an investment grade tenant with
a “BBB” rating from Standard & Poor’s.
The 9,963 square-foot building benefits from its shadow anchor position across from James-York Plaza which is occupied by Food Lion,
Rent-A-Center, Subway, Dollar Tree, and Metro by T-Mobile. The property is located along Merrimac Trail which experiences 14,000 vehicles
per day and is within proximity to Interstate 64 (70,000 VPD). The surrounding community, within a five-mile radius, is affluent, boasting an
average household income exceeding $131,000 and a population of 55,000. The property is just minutes from two significant regional draws:
William and Mary College, with over 9,700 students, and Yorktown Naval Weapons Station, a key U.S. Navy hub on the East Coast. Additional
nearby attractions include Golden Horseshoe Golf Club, Wawa, 7-Eleven, O’Reilly Auto Parts, AutoZone, Chevrolet, Cadillac, McDonald’s, NTB,
and other prominent businesses.
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Contacts
The Boulder Group
The Boulder Group