Single-Tenant Walgreens Drug
For Sale
Contact for pricing
1160 US-68, Maysville, KY 41056
Fee-simple interest in a single-tenant Walgreens with remaining firm term and an additional storage license income stream.
Property SizeContact for details
Days on Market135
Property Features for 1160 US-68
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
13,485 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last 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
Property Profile
Current Use
Lease Details
13,485 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
76k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 24%
Superstores 21%
Home Improvements & Furnishings 14%
Big Lots
Superstores
15,882 visits/mo
0.1 miles
Arby's
Dining
10,616 visits/mo
0.2 miles
Lee's Famous Recipe Chicken
Dining
10,568 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
9,269 visits/mo
0.2 miles
U.S. Bank
Shops & Services
7,169 visits/mo
0.1 miles
Demographics for 41056, KY
14,004
Population
6,826
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
87%
High-School Grad
139.5 sq mi
ZIP Area
100
Density / Sq Mi
$49,549
Median Household Income
$32,382
Median Earnings
$716
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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- Walgreens Pharmacy — 1160 U.S. Hwy 68, Maysville, KY 41056
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- COVID-19 Drive-Thru Testing at Walgreens — 1160 U.S. Hwy 68, Maysville, KY 41056
Frequently Asked Questions
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.
