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175 Philpot Ln
Glen Morgan, WV 25813
Acadia Healthcare - Beckley, WV · Office Property For Sale
Investment Highlights
- Acadia Healthcare (NASDAQ: ACHC) is a publicly traded behavioral healthcare company with an approximate market capitalization of $2.27 billion.
- Located 1 mile from Raleigh County Memorial Airport and 70 miles from West Virginia International Yeager Airport (CRW).
- Tenant has been in this location since 2016, operating under a grandfathered conditional use permit that would be difficult to replicate elsewhere.
- Beckley is the largest city in southern West Virginia and serves as a key economic and service hub for the surrounding Appalachian region.
- Dedicated methadone OTP clinics in southern West Virginia are limited, meaning many patients must travel ~30-60 minutes to regional hubs like Beckley.
- ~12 years lease term remaining with tenant paying $18.58/SF.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
8,346 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,346 SF
Building FAR
0.15
Lot Size
1.31 AC
Parking
20 Spaces (2.4 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 08-2A-00140000 | Improvements Assessment | $274,560 |
| Land Assessment | $74,580 | Total Assessment | $349,140 |
Property Taxes
Parcel Number
08-2A-00140000
Land Assessment
$74,580
Improvements Assessment
$274,560
Total Assessment
$349,140
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