$1,669,091 USD
843-510-0551
333 MacCorkle Ave SW
Charleston, WV 25303
Outer S Charleston/Kanawha City
HIGHLIGHTS
- National Tenant Backing By Walgreens Boots Alliance (NASDAQ: WBA), a Fortune 500 Company With Over 8,500 Locations Nationwide
- Over Eight Years Remaining on an Absolute Triple Net (NNN) Lease - Zero Landlord Responsibilities
- Rare Built-In Rental Increases During Option Periods
- Positioned on Prime Corridor on US-60, Featuring 20,000+ Vehicles Per Day
- Strong Local Demographics Within a 3-Mile Radius With 36,000+ Population and $79,000+ Average Household Income
- Nearby Tenants Include: Advance Auto Parts, Kia Dealership, Jeep Dealership, Speedway, Collision Center, and Body Shop
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,236 SF Walgreens Located at 333 MacCorkle Ave SW in South Charleston, WV. This Deal Includes a Recent Lease Extension With 8+ Years Remaining on Base Term and Rental Increases at Each Option Period, Providing For a Secured Investment.
In Cooperation With Sands Investment Group West Virginia, LLC - Lic. #010212-00 BoR: Tom Gorman - Lic. WV #WVB23030087
FOR SALE DETAILS
PRICE
$1,669,091 USD
PRICE/SF
$149 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens - Charleston, WV
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
-
APN/PARCEL ID
20-22- 9-0001.0002
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843-510-0551
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