Listing Agency: SRS Real Estate Partners Newport Beach

Listed By: Patrick R. Luther, CCIM · License #01912215 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 4 Last Checked: Sep 1 at 9:15PM

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Investment Insights

Based on property information with market context.

SRS National Net Lease Group is offering the fee simple interest (land and building ownership) in a corporate-guaranteed Walgreens net lease property in Shinnston, West Virginia. The lease is structured as an NNN arrangement with landlord responsibilities limited to the roof, structure, and sprinkler systems.

The Walgreens location includes a drive-thru pharmacy. The building sits along S. Pike Street, described as the primary retail thoroughfare for Shinnston, and the property benefits from significant street frontage and a large pylon sign. The site is positioned adjacent to Price Cutter.

The information provided indicates Walgreens Co. has approximately 9.5 years remaining in the initial term, with four five-year options to extend.

Key Highlights

• Walgreens NNN lease property (fee simple: land & building) in Shinnston, WV, corporate guaranteed by Walgreens Co.
• Tenant has approximately 9.5 years remaining in the initial term plus 4 (5‑year) extension options.
• Landlord responsibilities limited to roof, structure, and sprinkler systems under the NNN lease.

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Law Firm Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

260

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 26431, WV

5,759

Population

2,613

Households

2.2

Avg Household Size

43

Median Age

16%

College-Educated

87%

High-School Grad

30.2 sq mi

ZIP Area

191

Density / Sq Mi

$53,803

Median Household Income

$33,194

Median Earnings

$898

Median Rent

$138,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this drug stores located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Gina Marozzi — 208 S Pike St, Shinnston, WV 264311122
• COVID-19 Drive-thru Testing at Walgreens — 208 S Pike St, Shinnston, WV 26431
• Walgreens Pharmacy — 208 S Pike St, Shinnston, WV 26431
• Soul Miner's Daughter — 221 Pike St, Shinnston, WV 26431
• Pro Care Pharmacy — 720 Pike St, Shinnston, WV 26431

Frequently Asked Questions

What type of property is this?

Drug store - Corporate-guaranteed Walgreens NNN property with a drive-thru pharmacy and street-front visibility in Shinnston, WV.

Where is this drug store located?

The property is located at 208 S Pike Street Shinnston, WV.

What are key features of this property?

This property features: Walgreens NNN lease property (fee simple: land & building) in Shinnston, WV, corporate guaranteed by Walgreens Co.; Tenant has approximately 9.5 years remaining in the initial term plus 4 (5‑year) extension options.; Landlord responsibilities limited to roof, structure, and sprinkler systems under the NNN lease.