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615 Randolph Ave
Elkins, WV 26241
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long Term Absolute Tipple Net Lease: Long term, absolute NNN lease providing truly, passive ownership with no Landlord responsibilities
  • Rare MedExpress Attachment: The subject property is one of Fifteen Walgreens across the country with a MedExpress Urgent Care attachment. MedExpress,
  • Centralized Hard-Corner: The subject property is located on the highest trafficked thoroughfare in the city with traffic counts exceeding 16K vehicles
  • Rare Rental Increases: This Walgreens has 5% increases every 5 years with ±12.5 years remaining and (12) 5 year options with 5% increases.
  • Investment-Grade Tenancy: Corporately guaranteed lease by an industry leading, investment grade tenant (S&P: BBB).
  • Top Preforming Location Per Placer AI: The subject property is the 4th ranked Walgreens in West Virginia and is ranked inside the top 34 % of stores n

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,696 SF
Building Class
C
Year Built/Renovated
2004/2018
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

PROPERTY TAXES

Parcel Number
05-A-00020000
Land Assessment
$250,740
Improvements Assessment
$1,395,000
Total Assessment
$1,645,740
  • Listing ID: 29510595

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: 615 Randolph Ave, Elkins, WV 26241

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