615 Randolph Ave - Freestanding FOR SALE


Elkins, WV 26241
$4,446,000 USD
513-300-0763
615 Randolph Ave, Elkins, WV for Sale
$4,446,000 USD
Freestanding - FOR SALE
1/8
null | 7% Cap Rate

615 Randolph Ave
Elkins, WV 26241


HIGHLIGHTS

  • Absolute Net Lease: Zero landlord responsibilities.
  • Corporate Guaranty (NASDAQ: WBA): Investment grade credit (S&P: BBB).
  • High Placer.ai Score: Ranked 6th out of 69 Walgreens in West Virginia (Top 10%).
  • Prime Signalized Corner: Situated on the busiest street in Elkins, WV.
  • Unique Medical Express Opportunity: One of only fifteen Walgreens featuring a Medical Express Urgent Care within the store.
  • Strong National Retail Presence: Neighboring retailers include Kroger, McDonalds , CVS, Wendy’s, Dollar General, NAPA Auto Parts, and more.

OVERVIEW

Excellent Single-Tenant Investment Opportunity ? Absolute Net Lease: Zero landlord responsibilities. ? Corporate Guaranty (NASDAQ: WBA): Investment grade credit (S&P: BBB). ? High Placer.ai Score: Ranked 6th out of 69 Walgreens in West Virginia (Top 10%). ? Prime Signalized Corner: Situated on the busiest street in Elkins, WV. ? Unique Medical Express Opportunity: One of only fifteen Walgreens featuring a Medical Express Urgent Care within the store. ? Strong National Retail Presence: Neighboring retailers include Kroger, McDonalds , CVS, Wendy’s, Dollar General, NAPA Auto Parts, and more. Outstanding Location in Elkins, WV ? Growing Economy: Elkins benefits from a diverse economic base, including healthcare, education, and tourism. ? Tourism Hub: The city is a gateway to the Monongahela National Forest, attracting outdoor enthusiasts year-round. ? Stable Workforce: Elkins is home to Davis & Elkins College, providing a steady supply of educated talent and contributing to local economic stability. ? Infrastructure Investments: Recent improvements in transportation and community facilities enhance the city’s long-term growth potential.

FOR SALE DETAILS

PRICE

$4,446,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

373

APN/PARCEL ID

05-A-00020000

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.