635 Main St W - Drug Store FOR SALE
Ripley, WV 25271 |
$2,916,000 USD
635 Main St W
Ripley, WV 25271
HIGHLIGHTS
- DRIVE-THRU PHARMACY | ±11,180 SF - Freestanding Walgreens featuring a drive-thru pharmacy situated on a highly visible parcel
- ATTRACTIVE RENT GROWTH - Lease features a substantial $40,000 rent increase during the first option period, followed by approximately $11,180 rent
- STRATEGIC I-77 LOCATION - Positioned just off Interstate 77, the primary north–south corridor connecting Charleston and Parkersburg
- REGIONAL HEALTHCARE DEMAND DRIVER -Located near WVU Medicine Jackson General Hospital, a regional healthcare provider offering emergency care, surgery
- ESTABLISHED NATIONAL RETAIL CORRIDOR - Surrounded by national retailers including Walmart Supercenter, Kroger, McDonald’s, Taco Bell, Wendy’s, Sheetz
- LIMITED PHARMACY COMPETITION - Walgreens is the only national pharmacy operator in Ripley, with the nearest Walgreens approximately 12 miles away
FOR SALE DETAILS
PRICE
$2,916,000 USD
PRICE/SF
$261 USD /SF
CAP RATE
8.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
1.18 AC
LAND SF
51,401 SF
ZONING
-
APN/PARCEL ID
18-05- 7-0003.0002
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