Walgreens NNN Property For Sale — Bridgeport, WV
1240 W Main Street, Bridgeport, WV 26330
This Walgreens property presents a compelling absolute triple net lease investment opportunity in Bridgeport, West Virginia. The asset is strategically positioned at a high-traffic, signalized intersection, delivering excellent visibility along Highway 50, a vital east-west thoroughfare, and convenient access to Interstate 79. The lease offers over 17 years remaining in the primary term with no landlord responsibilities, providing a passive investment. Walgreens, an investment-grade rated tenant (S&P: BBB), anchors a thriving retail corridor that includes major national retailers such as Home Depot, Sam’s Club, Walmart Supercenter, Lowe’s, Kohl’s, and Kroger. The location also benefits from its proximity to Meadowbrook Mall and Bridgeport High School, enhancing local traffic and demograph…
- Address: 1240 W Main Street, Bridgeport, WV 26330
- Asking price $5.88M
- 6.40% cap rate
- NOI $376,000
- 9.4 years remaining
- NNN lease
- Year built: 2011
- Building size: 13,292 SF
- Lot size: 0.87 acres
- Lease expiration: Jan 31, 2036
- Rent increases: 390,500 February 1, 2036 (Option 1); 406,450 February 1, 2046 (Option 2); 423,875 February 1, 2056 (Option 3); 443,295 February 1, 2066 (Option 4); …
- Guarantor: Corporate
Location
This Walgreens property is at 1240 W Main Street in Bridgeport, West Virginia.
Asset type: NNN