Walgreens

Long-Term Absolute NNN Lease:
Approximately 12 years remaining on an absolute NNN lease with zero landlord responsibilities. Walgreens is directly responsible for operating expenses, maintenance, repairs, and capital expenditures, providing a truly passive investment opportunity.

Corporate Guarantee:
Lease guaranteed by Walgreens, one of the largest pharmacy retailers in the United States, providing strong corporate support and long-term income security.

Fastest-Growing City in West Virginia:
Charles Town is one of the fastest-growing cities in West Virginia, supported by continued residential development, proximity to the Washington, D.C. employment base, and its strategic location near the Virginia and Maryland borders.

Washington, D.C. MSA Growth Corridor:
Located within the Washington-Arlington-Alexandria MSA, approximately 65 miles from Washington, D.C., Charles Town benefits from regional employment connectivity, affluent in-migration, commuter demand, and the continued westward expansion of the Washington metropolitan area.

Healthcare-Driven Demand:
Located near Jefferson Urgent Care and Jefferson Medical Center, supporting consistent demand from patients, healthcare employees, and nearby residents for pharmacy and daily-needs retail.

Limited Competition:
No other Walgreens within approximately 11 miles, providing meaningful market separation and reinforcing the store’s position within the local trade area.

Strong Local Demographics:
Approximately 7,083 residents within one mile with average household incomes exceeding $105,000, providing a strong demographic foundation for long-term retail demand.

Drive-Thru Pharmacy:
Freestanding Walgreens featuring a drive-thru pharmacy, enhancing customer convenience and supporting the property’s long-term functionality.