1977 Pennsylvania Ave
St Albans, WV
Price:
$1637000
Cap Rate:
6.75%
NOI:
$110,497
Building Size:
Approx. 9026 Sq. Ft.
Lot Size:
Approx. 1.1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2015
Investment Overview
- 2015 Construction | 9,002+/- SF Building on 1.1+/- Acre Site
- 15-Year Corporate Absolute NNN Lease began September 2015
- Located along Pennsylvania Ave, & just S of “Hwy 60” (21,000 VPD)
- Near Kroger, K-Mart, CVS, AutoZone, NAPA, ACE, McDonald’s, KFC, & Taco Bell
- Attractions: Haddad Riverfront Park | State Capital | Mardi Gras Casino & Resort
- Near West Virginia State University (3,166 Enrol.) | Marshall University (13,279 Enrol.)
- Major Employers: Charleston Area Medical Ctr (5,700 Empl.) | Air National Guard (1,000 Empl.)
- 3-Miles Radius: Est 798 Businesses with Est 8,315 Employees | 3-Mile Average Household Income: $59,971
- Albans is located 15-Miles W of Charleston (Capital) | Charleston (MSA): Largest MSA in the state