Location
CVS is strategically located at the signalized, hard corner intersection of Cowan Boulevard and Emancipation Highway, averaging a combined 51,000 vehicles passing by daily. The property also benefits from nearby access onto Interstate 95 (149,000 VPD), making it a centralized location with easy commutes. The property is ideally situated within a dense retail trade area and is near Greenbrier Shopping Center (172K+ SF), Spotsylvania Towne Centre (1.11M+ SF), Central Park (1.87M+ SF), and other major shopping centers. The surrounding tenants include The Home Depot, Staples, Walmart Supercenter, Target, Giant, Kohl’s, Costco Wholesale, and many others. The dense trade area drives a loyal, local consumer base to the area, promoting crossover exposure and contributing to the local economy. Furthermore, the 5-mile trade area is supported by over 123,000 residents and 75,500 daytime employees. Residents within 3-, 5-, and 10-miles of the subject boast an affluent average household income of $126,614, $130,501, and $138,385, respectively.
