Single-Tenant Walgreens Drug
1160 US-68 Maysville, KY 41056
1160 US-68, Maysville, KY, 41056
Contact for pricing
For Sale
Contact for pricing
Fee-simple interest in a single-tenant Walgreens with remaining firm term and an additional storage license income stream.
Days on Market103
Property Features for 1160 US-68
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Forged Real Estate
(610) 608-2621
Listed by
Marc Mandel · License #NJ
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 9:34PM Checked: Jul 21 at 9:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forged Real Estate
Investment Insights
Based on property information with market context.
Fee simple interest is available in a single-tenant retail property leased to Walgreens in Maysville, KY. Walgreens extended the term earlier this year by an additional five (5) years, reflecting continued commitment to the location. Walgreens currently has 5.5 years of firm term remaining, with a 5% rental increase scheduled for November 2027. Beyond the base rent, the offering includes additional income from a license agreement for extra storage space, generating close to $10,000 annually to support Walgreens’ day-to-day operations.
The property is located less than two (2) miles from Meadowview Regional Medical Hospital and about a quarter (0.25) mile from Mason County High School, Mason County Middle School, and Charles Straub Elementary School, which together house over 2,100 students. The store sits along US Highway 68 (13,485 VPD) and just north of KY 9 (13,830 VPD), two main local thoroughfares that host numerous national retailers.
Competition is described as limited among the major pharmacies, with the next closest CVS Pharmacy approximately 39 miles away and the next closest Rite Aid over 55 miles away. The property is also noted as the only Walgreens location within 30 miles.
The property is located less than two (2) miles from Meadowview Regional Medical Hospital and about a quarter (0.25) mile from Mason County High School, Mason County Middle School, and Charles Straub Elementary School, which together house over 2,100 students. The store sits along US Highway 68 (13,485 VPD) and just north of KY 9 (13,830 VPD), two main local thoroughfares that host numerous national retailers.
Competition is described as limited among the major pharmacies, with the next closest CVS Pharmacy approximately 39 miles away and the next closest Rite Aid over 55 miles away. The property is also noted as the only Walgreens location within 30 miles.
Key Highlights
- Fee‑simple interest in a single‑tenant Walgreens in Maysville, KY.
- Walgreens extended the lease term for an additional 5 years; 5.5 years of firm term remain.
- A 5% rental increase is scheduled for November 2027.
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
Similar Off Market Nearby
- Walgreens Pharmacy — 1160 U.S. Hwy 68, Maysville, KY 41056
- Larisa Petkeviciene, RPH — 1160 US-68, Maysville, KY 41056
- Stacey L. Emmons, PharmD — 1160 US-68, Maysville, KY 41056
- Genesis Oxygen & Home Medical Equipment — 499 Tucker Dr, Maysville, KY 41056
- COVID-19 Drive-Thru Testing at Walgreens — 1160 U.S. Hwy 68, Maysville, KY 41056
FAQs
What type of property is this?
Drug store - Fee-simple interest in a single-tenant Walgreens with remaining firm term and an additional storage license income stream.
Where is this drug store located?
The property is located at 1160 US-68 Maysville, KY.
What are key features of this property?
This property features: Fee‑simple interest in a single‑tenant Walgreens in Maysville, KY.; Walgreens extended the lease term for an additional 5 years; 5.5 years of firm term remain.; A 5% rental increase is scheduled for November 2027.
