300 4th Ave | Montgomery, WV 25136
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This Retail Property is no longer advertised on LoopNet.com.
300 4th Ave
Montgomery, WV 25136
CVS | 14 Years | $1.49 M | Near Hospital · Retail Property For Sale
Investment Highlights
- STABLE INCOME - Income guaranteed by CVS Corporate investment grade credit rating of BBB (S&P), Top 10 Fortune 500 Company with approximately 9,840 lo
- MONTGOMERY GENERAL HOSPITAL - Located one block from Montgomery General Hospital which serves as a general acute care hospital to Fayette Couty.
- 25 YR OPERATING HISTORY - Site has been a drugstore for over 25 years dating back to 1995.
- RECENT 15 YR EXTENSION - CVS recently agreed to a 15 year lease extension showing a strong commitment to this location.
- ONLY NATIONAL CHAIN DRUGSTORE IN THE CITY OF MONTGOMERY - Next nearest CVS over 7 miles away and nearest Walgreens is over 10 miles away.
- BRIDGEVALLEY COMMUNITY & TECHNICAL COLLEGE - Montgomery is home to the BVC&T College whose enrollment is ±2000 students.
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Drug Store
- General Retail Convenience Store
- General Retail Freestanding
- General Retail Storefront
Building Size
9,600 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.56 AC
Parking
30 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
102 FT on 4th Ave
Links
PROPERTY TAXES
Parcel Number | 07-1D-01770000 | Improvements Assessment | $130,680 |
Land Assessment | $18,900 | Total Assessment | $149,580 |
PROPERTY TAXES
Parcel Number
07-1D-01770000
Land Assessment
$18,900
Improvements Assessment
$130,680
Total Assessment
$149,580
Learn More About Investing in Retail Properties
Listing ID: 20756862
Date on Market: 8/26/2020
Last Updated:
Address: 300 4th Ave, Montgomery, WV 25136
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