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    10404 Maccorkle Ave Charleston, WV 25315

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    For Sale
    $1,325,000

    Retail property with long-term lease and rent increases.

    Property size:
    11,600 SF
    Lot size:
    3.63 Acres

    Property Features for 10404 Maccorkle Ave

    General Information

    Size
    11,600 SF
    Lot size
    3.63 Acres

    Source: Realcorp, LLC Agent Quintie Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Rite Aid Retail Property

    This retail property, formerly a Rite Aid, is currently leased to Family Dollar. The property features a 10-year NN+ lease with 8.2 years remaining. The building has a large footprint and is situated on a 2-acre lot with 45 parking spaces. Renovations include a new roof in 2016, a refreshed parking lot in 2019, and an exterior repaint in 2020. The lease includes rent increases in the primary term at 7.03% due 10/1/2025.
    Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Toy Store

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hair Salon Pharmacy Department Store Kitchen & Bath Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Kanawha
    State
    West Virginia
    Longitude
    -81.5610344
    Latitude
    38.2422995

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    FAQs

    What type of property is this?
    Drug store - Retail property with long-term lease and rent increases.
    Where is this drug store located?
    The property is located at 10404 Maccorkle Ave Charleston, WV.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: - 10 year NN+ lease with 8.2 years remaining, providing stable income.; - Rare dollar store rent increases in primary term at 7.03% due 10/1/2025.; - Large Building offered at a very low price of $129/psf.
    (304) 925-7000
    Request Owner's contact information
    10404 Maccorkle Ave Charleston, WV 25315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10404 Maccorkle Ave Charleston, WV 25315
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