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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

Drug Stores West Virginia Hinton 513 Stokes Dr, Hinton, WV 25951

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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

Bang Realty is pleased to present the exclusive listing for a Walgreens located at 513 Stokes Drive, Hinton, WV 25951. The site consists of roughly 13,000 rentable square feet of building space on an estimated 1.19-acre parcel of land. This Walgreens is subject to a 20-year Double Net (NN) lease, which commenced 6/1/1998. The current annual rent is $105,690 and has scheduled increases of in options.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,000 SF
Building Class
C
Year Built
1960
Price
$1,457,793
Price Per SF
$112.14
Cap Rate
7.25%
NOI
$105,690
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.19 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - Commercial
Frontage
228’ on Stokes Drive

AMENITIES

  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - Lorem Ipsum Jan 0000
1 1
513 Stokes Dr, Hinton, WV - AERIAL map view

NEARBY MAJOR RETAILERS

City National Bank of West Virginia
First Community Bank
Kroger

PROPERTY TAXES

Parcel Number 04-8-00060004 Improvements Assessment $572,880
Land Assessment $220,020 Total Assessment $792,900

PROPERTY TAXES

Parcel Number
04-8-00060004
Land Assessment
$220,020
Improvements Assessment
$572,880
Total Assessment
$792,900
(513) 300-0763

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 37109274

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 513 Stokes Dr, Hinton, WV 25951

More public record information on 513 Stokes Dr, Hinton, WV 25951

The Retail Property at 513 Stokes Dr, Hinton, WV 25951 is currently available for Sale. Contact Bang Realty for more information.

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513 Stokes Dr, Hinton, WV for sale Building Photo- Image 1 of 3
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Walgreens | 513 Stokes Dr
(513) 300-0763 x

Walgreens | 513 Stokes Dr

Brian Brockman
(513) 300-0763

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