615 Randolph Ave | Elkins, WV 26241
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615 Randolph Ave
Elkins, WV 26241
Walgreens: Elkins, WV · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Walgreens’ newly executed absolute NNN lease has ±15.0 years of initial term remaining and features 5% rent increases every 5 years.
- The sublease has no impact to the Landlord as the entire NOI comes from—and is guaranteed—by Walgreens.
- A portion of the building is subleased to MedExpress Urgent Care, which helps drive additional sales for Walgreens.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,696 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
1.18 AC
Zoning
373 - Commercial
Parking
43 Spaces (2.93 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
- Accent Lighting
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 05-A-00020000 | Improvements Assessment | $1,395,000 |
| Land Assessment | $250,740 | Total Assessment | $1,645,740 |
PROPERTY TAXES
Parcel Number
05-A-00020000
Land Assessment
$250,740
Improvements Assessment
$1,395,000
Total Assessment
$1,645,740
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