Retail Business for Sale in Summersville, WV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Summersville, WV 26651

Description

Lease Corporately Guaranteed by CVS, The Largest Pharmacy Chain in the United States, with over 9,500 locations Nation-Wide and an S&P credit rating of BBB and a Moody’s Rating of Baa3. Double Net (NN) Leased CVS With Minimal Responsibilities Located at the Heavily Trafficked Signalized Intersection of Northside Drive and U.S. 19 with More Than 18,500 Vehicles Passing Daily Investment Highlights: • Subject Property is at the Entrance to Northside Professional Park and is Surrounded by a Host of the Nation's Most Successful Retailers Including Walmart, Lowe's, Sheetz, Wendy's, KFC, and Starbucks • Positioned within 1-Mile from Summersville Regional Hospital and Summersville Healthcare Center with Over 200 Beds Combined Thus Providing a Stable Customer Base • Subject Property is Strategically Located within 1-Mile from Numerous National Hotel Chains Including La Quinta Inn, Super 8, Hampton Inn, and Quality Inn • This Location Benefits from Being the Only Freestanding National Pharmacy Store within a 13-Mile Radius Providing Long Term Stability

Market Context

This retail in Summersville, WV is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 67 days. Compare it against other retail listings for sale in Summersville, WV — <a href="/search/sale/retail/west-virginia/summersville">view the full market</a>.

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