Acadia Healthcare – Beckley, WV

Acadia Healthcare
175 Philpot Lane, Beaver, WV, USA

Sands Investment Group is pleased to present exclusively for sale the 8,346 SF Acadia Healthcare NNN Asset located at 175 Philpot Lane in Beckley, WV. Acadia Healthcare maintains strategic partnerships with major healthcare systems across the country, reinforcing the tenant’s credit profile and positioning the facility as a critical regional provider of opioid treatment services in southern West Virginia.

  • Acadia Healthcare (NASDAQ: ACHC) is a publicly traded behavioral healthcare company with an approximate market capitalization of $2.27 billion.
  • Beckley is the largest city in southern West Virginia and serves as a key economic and service hub for the surrounding Appalachian region. Positioned along major transportation corridors like Interstate 64 and Interstate 77, Beckley draws residents from multiple nearby counties for healthcare, education, and employment.
  • Located 1 mile from Raleigh County Memorial Airport and 70 miles from West Virginia International Yeager Airport (CRW).
  • Dedicated methadone OTP clinics in southern West Virginia are limited, meaning many patients must travel ~30-60 minutes to regional hubs like Beckley.
  • Tenant has been in this location since 2016, operating under a grandfathered conditional use permit that would be difficult to replicate elsewhere in the market. This creates a significant barrier to relocation and supporting long-term tenancy.
  • ~12 years lease term remaining with tenant paying $18.58/SF.
  • Located in Raleigh Industrial Park, which is 100% occupied.

In Cooperation With Sands Investment Group West Virginia, LLC – Lic. #010212-00 West Virginia Broker: Tom Gorman – Lic. WV #WVB23030087 | 304.742.2034 | 126 E. Burke Street – Martinsburg, WV 25401

Acadia Healthcare
175 Philpot Lane, Beaver, WV, USA

Acadia Healthcare

Acadia Healthcare is one of the largest behavioral healthcare providers in the United States, specializing in psychiatric care and addiction treatment services. Headquartered in Franklin, the company operates a nationwide network of behavioral health hospitals, residential treatment centers, and outpatient clinics serving patients with mental health and substance use disorders. Today, Acadia operates more than 270 treatment facilities across roughly 40 states and Puerto Rico, employing over 25,000 healthcare professionals and serving 80,000+ patients daily. Its network includes inpatient psychiatric hospitals, specialty treatment centers, and one of the largest opioid treatment clinic networks in the country, making it a leading provider of medication-assisted treatment for opioid addiction.

Price

$2,297,081

Cap Rate

6.75%

PREMISES

8,346 SF

YEAR BUILT

1976

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

03/31/2038

Lease Type

NNN

RENTAL INCREASES

3% Annually

BROKERS

Tom Gorman
Philadelphia

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