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Walgreens 513 Stokes Dr 13,000 SF Retail Building Hinton, WV 25951 $1,457,793 ($112.14/SF) 7.25% Cap Rate
Investment Highlights
- Extremely Low Rent | Below Market
- Recent Renewal | Tenant Commitment | Walgreens recently executed one of its renewal options, reinforcing its commitment to this location
- The property generates an annual rent of just $105,690, significantly below market for a national drugstore operator
- Strong Reported Sales Volume | Though Walgreens seldom discloses unit-level performance
Executive Summary
Property Facts
Amenities
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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Lorem Ipsum
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Jan 0000
Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-8-00060004 | Improvements Assessment | $572,880 |
| Land Assessment | $220,020 | Total Assessment | $792,900 |
Property Taxes
Presented by
Walgreens | 513 Stokes Dr
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