109 E Main St - Drug Store FOR SALE


Mannington, WV 26582
$2,422,514 USD
513-300-0763
109 E Main St, Mannington, WV for Sale
$2,422,514 USD
Drug Store - FOR SALE
1/4
null | 7% Cap Rate

109 E Main St
Mannington, WV 26582


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Approximately 2.4 Years Remaining
  • Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 17+ Years

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Walgreens located at 109 E Main St., Mannington, WV. The site consists of roughly 11,440 rentable square feet of building space on estimated 1.07-acre parcel of land. This Walgreens is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 18th, 1999. The current annual rent is $169,576. The lease has 3, 5-year renewal options remaining and has the potential to extend the lease until 10/31/2041.

FOR SALE DETAILS

PRICE

$2,422,514 USD

PRICE/SF

$212 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,783 SF

ZONING

-

APN/PARCEL ID

13-7-00970000,32-0-023410

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.