505 20th St | Huntington, WV 25703
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505 20th St
Huntington, WV 25703
CVS (ABS. NET GROUND LEASE) · Retail Property For Sale
Investment Highlights
- 17.75-Years Remaining on a Ground Lease With Ten, 5-Year Renewal Options and 5% Rental Increases In Each Option | No Landlord Responsibilities
- Strong Visibility From Three Intersections With Three Points of Ingress and Egress | Lighted Pylon Sign
- Adjacent to Multiple Marshall University Residence Halls and Student Housing Facilities
- Hard Corner Location at the Signalized Intersection of 20th St. and 5th Ave., Which Sees Over 16,500 Vehicles Per Day
- Property is Located Next to Marshall University Campus (13,668 Students and Staff) and is Across the Street From Marshall Rec Center
- Located 1.5 Miles From Both St. Marys Medical Center (393 Beds, Largest Employer in Cabell County) And Cabell Huntington Hospital (303 Beds)
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.20 AC
Zoning
C - Commercial
Parking
59 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signalized Intersection
- Drive Thru
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 05-19-03490000 | Improvements Assessment | $404,460 |
| Land Assessment | $102,060 | Total Assessment | $506,520 |
Property Taxes
Parcel Number
05-19-03490000
Land Assessment
$102,060
Improvements Assessment
$404,460
Total Assessment
$506,520
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