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Walgreens 513 Stokes Dr 13,000 SF Retail Building Hinton, WV 25951 $2,017,002 CAD ($155.15 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Extremely Low Rent | Below Market
- Recent Renewal | Tenant Commitment | Walgreens recently executed one of its renewal options, reinforcing its commitment to this location
- The property generates an annual rent of just $105,690, significantly below market for a national drugstore operator
- Strong Reported Sales Volume | Though Walgreens seldom discloses unit-level performance
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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Lorem Ipsum
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Jan 0000
Walgreens began in 1901 on Chicago's South Side, when pharmacist Charles R. Walgreen Sr. opened a neighborhood drugstore that grew into a national chain. Walgreens later combined with Alliance Boots to form Walgreens Boots Alliance, bringing together retail pharmacy, pharmaceutical wholesaling, and healthcare services under one business. Walgreens Boots Alliance operates an integrated healthcare, pharmacy, and retail model spanning U.S. and international operations, with businesses centered on prescription filling, consumer health products, beauty items, and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-8-00060004 | Improvements Assessment | $797,483 CAD |
| Land Assessment | $306,281 CAD | Total Assessment | $1,103,764 CAD |
Property Taxes
Presented by
Walgreens | 513 Stokes Dr
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