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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

  • 24 Hour Access
  • 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 Boots Alliance began with Walgreens, which was founded in 1901 and grew from a neighborhood drugstore into a large pharmacy and retail business. The company was formed later through the combination of Walgreens and Alliance Boots, creating a business with a broad presence in pharmacy retail and health-focused services. Its operations include retail pharmacy, healthcare services, and pharmaceutical wholesale, with digital and in-store offerings that support prescription access, consultations, immunizations, and wellness products. Walgreens Boots Alliance has remained centered on pharmacy-led care while serving customers through a mix of community locations and online channels.

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
Somewhat walkable
20/100
Exceptionally drivable
100/100
Source: Local Logic®

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

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

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Walgreens - 513 Stokes Drive - OM main
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Walgreens | 513 Stokes Dr

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