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Walgreens 635 Main St W 11,180 SF Retail Building Ripley, WV 25271 $2,916,000 ($260.82/SF) 8.75% Cap Rate

Drug Stores West Virginia Ripley 635 Main St W, Ripley, WV 25271

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Investment Highlights

  • DRIVE-THRU PHARMACY | ±11,180 SF - Freestanding Walgreens featuring a drive-thru pharmacy situated on a highly visible parcel
  • STRATEGIC I-77 LOCATION - Positioned just off Interstate 77, the primary north–south corridor connecting Charleston and Parkersburg
  • ESTABLISHED NATIONAL RETAIL CORRIDOR - Surrounded by national retailers including Walmart Supercenter, Kroger, McDonald’s, Taco Bell, Wendy’s, Sheetz
  • ATTRACTIVE RENT GROWTH - Lease features a substantial $40,000 rent increase during the first option period, followed by approximately $11,180 rent
  • REGIONAL HEALTHCARE DEMAND DRIVER -Located near WVU Medicine Jackson General Hospital, a regional healthcare provider offering emergency care, surgery
  • LIMITED PHARMACY COMPETITION - Walgreens is the only national pharmacy operator in Ripley, with the nearest Walgreens approximately 12 miles away

Executive Summary

Broker of Record
Brayden Conner
License # WVB250301071, WVB250301071 (WV)
Matthews Real Estate Investment Services of WV, LLC
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,180 SF
Building Class
C
Year Built
1999
Price
$2,916,000
Price Per SF
$260.82
Cap Rate
8.75%
NOI
$255,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.18 AC
Parking
54 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
145’ on Main St

Amenities

  • Pylon Sign
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

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 End
Retailer - - -

Links

1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Source: Local Logic®

Nearby Major Retailers

United Bank
Truist
Rent-A-Center
Bob Evans Restaurants
Anytime Fitness
Starbucks
Kroger
City National Bank

Property Taxes

Parcel Number 18-05- 7-0003.0002 Improvements Assessment $437,820
Land Assessment $100,920 Total Assessment $538,740

Property Taxes

Parcel Number
18-05- 7-0003.0002
Land Assessment
$100,920
Improvements Assessment
$437,820
Total Assessment
$538,740

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 40991673

  • Date on Market: 6/19/2026

  • Last Updated:

  • Address: 635 Main St W, Ripley, WV 25271

The Retail Property at 635 Main St W, Ripley, WV 25271 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

NEARBY LISTINGS

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Walgreens | 635 Main St W

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