Drugstore For Lease • 11,295 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Retail | 11,295 SF | $3.00 USD/SF/YR | |
Only major Pharmacy within 20 miles, also acts as the local grocery store.
|
||||
Located in the heart of Whitesville, West Virginia, this freestanding Walgreens presents a rare opportunity to acquire a high-performing, essential retail asset with over 28 years of operating history. As the only major pharmacy within a 20-mile radius, the property also functions as the local grocery store, serving as a vital resource for the surrounding community. The site features a drive-thru and benefits from limited nearby retail competition, contributing to exceptionally strong store sales and a rent-to-sales ratio below 2%. Built in 1996 and spanning approximately 11,295 square feet, the property underwent a roof replacement in 2022, backed by a 10-year manufacturer warranty. The NN lease structure places roof responsibility on the landlord, while Walgreens guarantees the lease, offering stability and long-term value. The lease runs through October 2026, with five 5-year renewal options and scheduled rental increases—an uncommon feature in Walgreens leases.
| Only major pharmacy within 20 miles, doubling as grocery. |
| Drive-thru location with minimal retail competition nearby. |
| New roof installed in 2022 with 10-year warranty. |
| NN lease with Walgreens guarantee and rare rent increases. |
| Offered at $1M with a 6.00% cap rate and five renewal options. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Walgreens | 10/31/2021 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| West Virginia International Yeager | 72 min | - | 41.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |