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69 Lewis St 11,295 SF of Retail Space Available in Whitesville, WV 25209
Highlights
- Only major pharmacy within 20 miles, doubling as grocery.
- New roof installed in 2022 with 10-year warranty.
- Offered at $1M with a 6.00% cap rate and five renewal options.
- Drive-thru location with minimal retail competition nearby.
- NN lease with Walgreens guarantee and rare rent increases.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,295 SF | 5-10 Years | $4.12 CAD/SF/YR $0.34 CAD/SF/MO $46,527 CAD/YR $3,877 CAD/MO | Triple Net (NNN) |
1st Floor
Only major Pharmacy within 20 miles, also acts as the local grocery store.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Security System
- over 28 years of operating history.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 69 Lewis St, Whitesville, WV 25209
- Tenant
- Description
- US Locations
- Reach
- Walgreens
- Drug Store
- 9,242
- International
| Tenant | Description | US Locations | Reach |
| Walgreens | Drug Store | 9,242 | International |
Property Facts
| Total Space Available | 11,295 SF | Gross Leasable Area | 11,295 SF |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Drug Store | Parking Ratio | 1.79/1,000 SF |
| Total Space Available | 11,295 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 11,295 SF |
| Year Built | 1996 |
| Parking Ratio | 1.79/1,000 SF |
About the Property
Located in the heart of Whitesville, West Virginia, this freestanding Walgreens presents a rare opportunity to acquire a high-performing, essential retail asset with over 28 years of operating history. As the only major pharmacy within a 20-mile radius, the property also functions as the local grocery store, serving as a vital resource for the surrounding community. The site features a drive-thru and benefits from limited nearby retail competition, contributing to exceptionally strong store sales and a rent-to-sales ratio below 2%. Built in 1996 and spanning approximately 11,295 square feet, the property underwent a roof replacement in 2022, backed by a 10-year manufacturer warranty. The NN lease structure places roof responsibility on the landlord, while Walgreens guarantees the lease, offering stability and long-term value. The lease runs through October 2026, with five 5-year renewal options and scheduled rental increases—an uncommon feature in Walgreens leases.
- Signage
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69 Lewis St
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