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Investment Highlights

  • Acadia Healthcare (NASDAQ: ACHC) is a publicly traded behavioral healthcare company with an approximate market capitalization of $2.27 billion.
  • Located 1 mile from Raleigh County Memorial Airport and 70 miles from West Virginia International Yeager Airport (CRW).
  • Tenant has been in this location since 2016, operating under a grandfathered conditional use permit that would be difficult to replicate elsewhere.
  • Beckley is the largest city in southern West Virginia and serves as a key economic and service hub for the surrounding Appalachian region.
  • Dedicated methadone OTP clinics in southern West Virginia are limited, meaning many patients must travel ~30-60 minutes to regional hubs like Beckley.
  • ~12 years lease term remaining with tenant paying $18.58/SF.

Executive Summary

Sands Investment Group is pleased to present exclusively for sale the 8,346 SF Acadia Healthcare located at 175 Philpot Lane in Beckley, WV. Acadia Healthcare maintains strategic partnerships with major healthcare systems across the country, reinforcing the tenant’s credit profile and positioning the facility as a critical regional provider of opioid treatment services in southern West Virginia.
In Cooperation With Sands Investment Group West Virginia, LLC - Lic. #010212-00 West Virginia Broker: Tom Gorman - Lic. WV #WVB23030087 | 304.742.2034 | 126 E. Burke Street - Martinsburg, WV 25401

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,346 SF
Building Class
C
Year Built
1976
Price
$3,155,569 CAD
Price Per SF
$378.09 CAD
Cap Rate
6.75%
NOI
$213,001 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,346 SF
Building FAR
0.15
Lot Size
1.31 AC
Parking
20 Spaces (2.4 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Acadia Healthcare
  • Health Care and Social Assistance
  • 8,346 SF
  • $25.52 CAD
  • Triple Net
  • Mar 2038
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Acadia Healthcare Health Care and Social Assistance 8,346 SF $25.52 CAD Triple Net Mar 2038
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
08-2A-00140000
Land Assessment
$102,453 CAD
Improvements Assessment
$377,171 CAD
Total Assessment
$479,624 CAD
  • Listing ID: 40564808

  • Date on Market: 2026-05-18

  • Last Updated:

  • Address: 175 Philpot Ln, Glen Morgan, WV 25813

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