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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.
Updated: Dec 11, 2024
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

CVS Pharmacy NNN Investment Opportunity
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12,035 SF

CVS Pharmacy NNN Investment Opportunity

NNN leased CVS Pharmacy with 15+ years remaining.

885 Oakwood Rd, Charleston, WV 25314
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Former Rite Aid Retail Property
$1,325,000
11,600 SF

Former Rite Aid Retail Property

Retail property with long-term lease and rent increases.

10404 Maccorkle Ave, Charleston, WV 25315
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NNN Leased Walgreens Investment Opportunity
$3,800,000
14,560 SF

NNN Leased Walgreens Investment Opportunity

NNN leased Walgreens with zero landlord responsibilities and ROFR.

3445 S High St, Columbus, OH 43214
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Pharmacy Building Near Franklin University
$545,000
1,652 SF

Pharmacy Building Near Franklin University

1,652 SF building with 15 parking spaces downtown.

270 S Grant Ave, Columbus, OH 43215
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Prestonsburg, KY Drug Stores Investment Opportunities Market Analysis

Explore 1 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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