Building Details

Tenancy Single

Listing Agency: Bang Realty

Listed By: Brian Brockman · License #177814 Show Phone

Source: Crexi

Added: Sep 16 Changed: Sep 24 Last Checked: Sep 24 at 3:02PM

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Investment Insights

Based on property information with market context.

This pharmacy property at 700 Northside Drive in Summersville, West Virginia, has been occupied by CVS since 2009. The lease has 8 years remaining before the renewal options begin and provides for ten 5-year options. Rent increases by 5% at the start of each option period.

The property sits along the market’s main retail corridor, near Walmart Supercenter, Lowe’s, bealls, and Tractor Supply. The next CVS location is more than 24 miles away, and the stated retail corridor includes the area’s only national big-box tenants within a 25-mile radius.

Key Highlights

• CVS has operated at the location since 2009
• 8 years remain before the renewal options begin
• Ten 5‑year renewal options

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy Buy Bitcoin Crypto Atm CDReload Instant Bitcoin Crypto Atm CVS Pharmacy

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Garden Center Kitchen & Bath Showroom Carpet & Flooring Store Cafe & Coffee Shop

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

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

365

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 26651, WV

8,774

Population

4,525

Households

1.9

Avg Household Size

46

Median Age

24%

College-Educated

89%

High-School Grad

199.9 sq mi

ZIP Area

44

Density / Sq Mi

$59,067

Median Household Income

$33,044

Median Earnings

$760

Median Rent

$156,500

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

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Similar Off Market Nearby

• Summersville Regional Hospital Pharmacy — 400 Fairview Heights Rd, Summersville, WV 26651
• Summersville Regional Medical Center — 400 Fairview Heights Rd, Summersville, WV 26651
• CVS Pharmacy — 700 Northside Dr, Summersville, WV 26651
• Tyler Bailey — 700 Professional Park Dr, Summersville, WV 266512000
• Kristin Harper — 200 Wal St, Summersville, WV 266512100

Frequently Asked Questions

What type of property is this?

Drug store - The CVS location includes a long-term lease with multiple renewal options.

Where is this drug store located?

The property is located at 700 Northside Drive Summersville, WV.

What is the asking price?

The asking price for this property is $2,804,087.

What are key features of this property?

This property features: CVS has operated at the location since 2009; 8 years remain before the renewal options begin; Ten 5‑year renewal options