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5001 Forest Hill Avenue, Richmond, VA 23225


  • For Sale
  • Active
  • Retail
5001 Forest Hill Avenue, Richmond, VA 23225View this property at 5001 Forest Hill Avenue, Richmond, VA 23225
5001 Forest Hill AvenueRichmondVA23225

Property Description

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

Full Property Detailsfor 5001 Forest Hill Avenue


  • Price: $4,339,200
  • Taxes: $19,296 (2017)
  • Status: Active
  • Type: Retail
  • MLS ID: 1000976839
  • Updated: 4/18/2018
  • Added: 210 day(s) ago

Property History

  • 5001 Forest Hill Avenue, Richmond, VA
  • Listed at $4,339,200 on 9/26/17


  • Business Type: Retail, Investment


  • Parking Features: Free


  • County: Richmond City
  • Development Name: Westover Hills
  • Subdivision: Westover Hills


  • Sewer: Other
  • Water: None

Structural Information

  • Square Feet: 10,125
  • Year Built: 1998
  • Year Built Source: Estimated
  • Property Condition: As-is Condition

Lot Features

  • Zoning: COMMERCI

Financial Considerations

  • Price Per Sq. Ft.: $428.56
  • Assessment Year: 2017
  • Tax w/Assessment: $1,608,000
  • Tax Amount: $19,296
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice, Parking Included In SalePrice

Listed by Triple Net Investment Group LLC, Robert Gamzeh

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Schoolsserving 5001 Forest Hill Avenue

School District:Richmond City Public Schools
School Name
Westover Hills Elementary School
1211 Jahnke Rd, Richmond, VA 23225
0.2 mi
Elkhardt - Thompson Middle School
7825 Forest Hill Avenue, Richmond, VA 23225
2.9 mi
Huguenot High School
7945 Forest Hill Avenue, Richmond, VA 23225
3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 5001 Forest Hill Avenue

Listed by Triple Net Investment Group LLC, Robert Gamzeh

5001 Forest Hill Avenue, Richmond, VA 23225 (MLS# 1000976839) is a Retail property. 5001 Forest Hill Avenue is currently listed for $4,339,200 and was received on September 26, 2017. Want to learn more about 5001 Forest Hill Avenue? Do you have questions about finding other Retail real estate for sale in Richmond? You can browse all Richmond real estate or contact a Coldwell Banker agent to request more information.