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    OFF-MARKET Estimated value $2,100,000
    Retail space

    215 State Rte 34, Hurricane, WV 25526-7003

    1.04 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US94-0359260
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a recently extended, absolute net lease retail property located at 215 State Route 34 in Hurricane, West Virginia. The property boasts a highly visible hard corner lot at the intersection of Highway 34 and Mount Vernon Road, benefiting from significant traffic exposure with over 27,500 vehicles passing daily. The tenant, Walgreens, is an investment-grade tenant with a BBB S&P credit rating, providing strong financial stability and security. This is an essential business that demonstrated its commitment to remaining operational even during the COVID-19 pandemic. The property features a four-year remaining lease term, offering long-term income potential. The building itself was previously a Rite Aid and underwent a conversion to a Walgreens location, a process that typically involves a $300,000 investment by Walgreens. The asking price for this turnkey retail investment is $2,255,344. Situated in Putnam County, WV, zip code 25526, the property benefits from its proximity to Teays Valley Hospital, a 70-bed facility with over 100 doctors, further enhancing its desirability and potential for future growth. This is a rare opportunity to acquire a stable, high-traffic retail property anchored by a creditworthy tenant in a growing West Virginia market. The property is zoned for commercial use and includes land.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 1.04 ac (45,302 SF)
    APN 40-10-223G-0087.0011
    UPID US94-0359260
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.90M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.10M
    Owner & transaction history
    Genovia Of Monaco LLC · 1 yrs held
    Genovia Of Monaco LLC
    since 2025
    Last sale
    $2.1M
    3 recorded transactions
    2025
    $2.1M
    2021
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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