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    Prestonsburg, KY Drug Stores for Sale

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    Walgreens Net Lease KY
    $1,661,000
    2,500 SF

    Walgreens Net Lease KY

    244 Lake Dr, Prestonsburg, KY 41653

    High-Yield Walgreens Investment

    • $1,661,000 asking price for a 2,500 square foot Walgreens in Prestonsburg, KY.
    • Absolute NNN net lease with a corporate guarantee from Walgreens, offering a 6.25% cap rate and $103,800 NOI.
    • 9‑year lease term remaining with four 5‑year options; rent increases are 5% every 5 years initially, then 7.5% at the beginning of each option period.
    • Located on a hard corner, signalized intersection with high daily traffic counts, surrounded by strong national and regional tenants.
    • Serves a dense residential area with over 10,600 residents and 6,700 daytime employees within a 5‑mile radius.
    Last Update: Dec 11, 2024
    View details
    Prestonsburg Walgreens With Drive-Thru
    $1,730,000
    2,537 SF

    Prestonsburg Walgreens With Drive-Thru

    244 N Lake Dr, Prestonsburg, KY 41653

    NNN leased Walgreens in Prestonsburg, KY with drive-thru.

    • Absolute NNN Lease: Zero landlord responsibilities, simplifying ownership and maximizing net income.
    • Investment Grade Tenant: Corporate signed lease from Walgreens (S&P: Baa3) provides financial stability and security.
    • New 10‑Year Lease with Rental Increases: Provides stable cash flow with a 5% increase in years 6‑10 and 7.5% increases at the beginning of each 5‑year option period.
    • Prime Location: Situated on a busy thoroughfare in downtown Prestonsburg, a dominant retail destination, ensuring high visibility and access.
    • Drive‑Thru and Pylon Signage: Features a drive‑thru and pylon signage, enhancing customer convenience and visibility.
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Prestonsburg, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Walgreens Net Lease Investment
    $1,656,000
    2,500 SF

    Walgreens Net Lease Investment

    Kentucky Pharmacy - Absolute NNN
    740 Ky-15, Jackson, KY 41339
    View details
    Walgreens NNN Investment Opportunity
    $1,725,000
    2,537 SF

    Walgreens NNN Investment Opportunity

    Corporate-signed Walgreens in Jackson, KY with a brand new 10-year lease.
    740 Highway 15, Jackson, KY 41339
    View details
    CVS Pharmacy NNN Investment Opportunity
    $4,153,692
    12,035 SF

    CVS Pharmacy NNN Investment Opportunity

    NNN leased CVS Pharmacy with 15+ years remaining.
    885 Oakwood Rd, Charleston, WV 25314
    View details
    Retail Property in Charleston, WV
    $2,000,000
    12,204 SF

    Retail Property in Charleston, WV

    Well-maintained retail building with loading dock in Charleston, WV.
    864 Oakwood Rd, Charleston, WV 25314
    View details

    Prestonsburg, KY Drug Stores Investment Opportunities Market Analysis

    Explore 2 drug stores for sale in Prestonsburg, KY on our real estate platform. These investment opportunities span a total of 31,363 square feet of properties for sale, with an estimated market value of $1,661,000.

    Prices for pharmacies in Prestonsburg, KY start at $1,661,000, averaging $1,661,000, and reaching up to $1,661,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    • 41653

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