Log In/Sign Up
Your email has been sent.
Walgreens 513 Stokes Dr 13,000 SF Retail Building Hinton, WV 25951 $1,992,949 CAD ($153.30 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
Bang Realty is pleased to present the exclusive listing for a Walgreens located at 513 Stokes Drive, Hinton, WV 25951. The site consists of roughly 13,000 rentable square feet of building space on an estimated 1.19-acre parcel of land. This Walgreens is subject to a 20-year Double Net (NN) lease, which commenced 6/1/1998. The current annual rent is $105,690 and has scheduled increases of in options.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,000 SF
Building Class
C
Year Built
1960
Price
$1,992,949 CAD
Price Per SF
$153.30 CAD
Cap Rate
7.25%
NOI
$144,489 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.19 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Frontage
228’ on Stokes Drive
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens Boots Alliance traces its roots to Walgreens, founded in Chicago in 1901, and later grew through the combination with Alliance Boots into a broader healthcare, pharmacy, and retail business. The company describes itself as an integrated healthcare, pharmacy, and retail leader serving millions of customers and patients every day. Its business spans retail pharmacy, prescription services, health and wellness products, and related healthcare offerings, reflecting a focus on community-based care and access to medicines and services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-8-00060004 | Improvements Assessment | $792,923 CAD |
| Land Assessment | $304,530 CAD | Total Assessment | $1,097,453 CAD |
Property Taxes
Parcel Number
04-8-00060004
Land Assessment
$304,530 CAD
Improvements Assessment
$792,923 CAD
Total Assessment
$1,097,453 CAD
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens | 513 Stokes Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.