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100% Leased Office Building | Investment 705 Greenbag Rd

3,020 SF 100% Leased Office Building Morgantown, WV 26508 $1,098,501 CAD ($364 CAD/SF) 7.79% Cap Rate

Investment Highlights

  • Close to Many Amenities
  • Large Off-Street Parking Lot
  • Fully Leased

Executive Summary

Black Diamond Realty is pleased to present, 705 Greenbag Road, home to Apex Physical Therapy. This two-story office building offers 3,020 (+/-) square feet of space, making it a prime investment opportunity. The property comes with a 15-year seller sale leaseback, ensuring
long-term stability. Located just 2.1 miles from Earl L. Core Road, the building is ideally situated near a variety of amenities, including popular national retailers such as Sheetz, Dollar General, Arby’s, Dunkin’ Donuts, Dollar Tree, and Aldi.
The property is located outside the city limits of Morgantown roughly 2.9 miles from I-68, Exit 4 and 2.8 miles to downtown Morgantown and West Virginia University’s main campus. Along Greenbag Road, there is a traffic count of 11,092 vehicles per day. Source: ©2024 Kalibrate Technologies (2024).

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,020 SF
Building Class
B
Year Built
2009
Price
$1,098,501 CAD
Price Per SF
$364 CAD
Cap Rate
7.79%
NOI
$85,573 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,510 SF
Parking
12 Spaces (3.97 Spaces per 1,000 SF Leased)
  • Listing ID: 33014134

  • Date on Market: 2024-08-30

  • Last Updated:

  • Address: 705 Greenbag Rd, Morgantown, WV 26508

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