Log In/Sign Up
Your email has been sent.
Walgreens 109 E Main St 11,440 SF Retail Building Mannington, WV 26582 $1,108,989 ($96.94/SF) 18% Cap Rate
Investment Highlights
- Value-add opportunity: upcoming lease expiration to re-tenant or reposition the asset.
- 2020 roof replacement backed by a 20-year warranty, reducing capital expenditures.
- Downtown revitalization underway near historic Old Show Building restoration.
- 11,440 SF single-story retail on 1.07 acres with drive-thru and pylon signage.
- ~280 feet of frontage on East Main Street with 8,000+ VPD on nearby US-250.
- Mannington is a Preserve America Community listed on the National Register of Historic Places.
Executive Summary
Broker of Record
Brayden Conner
License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services, Inc
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Brayden Conner
License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services, Inc
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,440 SF
Building Class
C
Year Built/Renovated
1999/2020
Price
$1,108,989
Price Per SF
$96.94
Cap Rate
18%
NOI
$199,618
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.07 AC
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Oct 2026
Walgreens began in 1901 on Chicago's South Side, when pharmacist Charles R. Walgreen Sr. opened a neighborhood drugstore that grew into a national chain. Walgreens later combined with Alliance Boots to form Walgreens Boots Alliance, bringing together retail pharmacy, pharmaceutical wholesaling, and healthcare services under one business. Walgreens Boots Alliance operates an integrated healthcare, pharmacy, and retail model spanning U.S. and international operations, with businesses centered on prescription filling, consumer health products, beauty items, and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Oct 2026 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 13-7-00970000 | Improvements Assessment | $257,640 |
| Land Assessment | $113,640 | Total Assessment | $371,280 |
Property Taxes
Parcel Number
13-7-00970000
Land Assessment
$113,640
Improvements Assessment
$257,640
Total Assessment
$371,280
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Walgreens | 109 E Main St