126 12th St | Wellsburg, WV 26070
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126 12th St
Wellsburg, WV 26070
Walgreens WV $2.4M 6 Yrs Rental Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Income guaranteed by Walgreens parent corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,000 locations.
- RECENT WALGREENS REBRANDING - Rite Aid extended the term early an additional ten years, Walgreens assumed the lease and rebranded.
- ONLY DRUGSTORE IN A 5-MI RADIUS - Only Walgreens in Wellsburg and sells liquor, beer, and wine. Closest Walgreens is 4.8 mi N.
- 6 YRS REMAINING WITH INCREASES - 6 years remaining with ±10% increase in the first option and ±3% increases in the 2nd and 3rd options.
- ROOF REPLACED IN MAY 2021 - The roof was recently replaced in May of 2021 and it carries a 20-year transferrable warranty.
- NEAR TRINITY MEDICAL CENTER WEST HOSPITAL - Located ±5 mi S of Trinity Medical Center, a 263-bed hospital.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,440 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.17 AC
PROPERTY TAXES
| Parcel Number | 07W27B02330000 | Improvements Assessment | $287,700 |
| Land Assessment | $48,900 | Total Assessment | $336,600 |
PROPERTY TAXES
Parcel Number
07W27B02330000
Land Assessment
$48,900
Improvements Assessment
$287,700
Total Assessment
$336,600
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