175 Philpot Ln - Medical FOR SALE
Glen Morgan, WV 25813 |
$2,297,081 USD
610-550-8884
175 Philpot Ln
Glen Morgan, WV 25813
HIGHLIGHTS
- Acadia Healthcare (NASDAQ: ACHC) is a publicly traded behavioral healthcare company with an approximate market capitalization of $2.27 billion.
- Beckley is the largest city in southern West Virginia and serves as a key economic and service hub for the surrounding Appalachian region.
- Located 1 mile from Raleigh County Memorial Airport and 70 miles from West Virginia International Yeager Airport (CRW).
- Dedicated methadone OTP clinics in southern West Virginia are limited, meaning many patients must travel ~30-60 minutes to regional hubs like Beckley.
- Tenant has been in this location since 2016, operating under a grandfathered conditional use permit that would be difficult to replicate elsewhere.
- ~12 years lease term remaining with tenant paying $18.58/SF.
OVERVIEW
Sands Investment Group is pleased to present exclusively for sale the 8,346 SF Acadia Healthcare located at 175 Philpot Lane in Beckley, WV. Acadia Healthcare maintains strategic partnerships with major healthcare systems across the country, reinforcing the tenant’s credit profile and positioning the facility as a critical regional provider of opioid treatment services in southern West Virginia.
In Cooperation With Sands Investment Group West Virginia, LLC - Lic. #010212-00 West Virginia Broker: Tom Gorman - Lic. WV #WVB23030087 | 304.742.2034 | 126 E. Burke Street - Martinsburg, WV 25401
FOR SALE DETAILS
PRICE
$2,297,081 USD
PRICE/SF
$256 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Acadia Healthcare - Beckley, WV
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store, Storefront Retail/Office, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1.31 AC
LAND SF
57,064 SF
ZONING
-
APN/PARCEL ID
08-2A-00140000
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610-550-8884
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610-550-8884
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