5000 Hampton Ctr | Morgantown, WV 26505
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5000 Hampton Ctr
Morgantown, WV 26505
Office Building Investment Sale · Office Property For Sale
Investment Highlights
- Large Off Street Parking Lot
- Close to Many Amenities
- Private Offices
- Excellent Visibility
Executive Summary
Located at the bustling intersection of Route 705 and Stewartstown Road, this office building is comprised of 8,021 (+/-) gross square feet across two floors with 7,146 (+/-) square feet being leasable area. The building is available for sale or lease. 2,950 (+/-) square feet is available for lease on the first floor. The property offers good visibility, a large parking lot for customers and employees and post and panel signage. Existing tenants include Jarrett Construction, Premier Mortgage and Dr. Christopher Seese, PLLC (Dentist).
The property is located just outside the city limits of Morgantown and is situated conveniently to many amenities including the Suncrest Towne Centre, Downtown Morgantown, Interstate 79, Hospitals, restaurants, shopping and more. The property is positioned immediately along Route 705, 2.7 miles to I-68, Exit 7, and 2.2 miles to downtown Morgantown and West Virginia University’s main campus. Along Route 705, there is a daily traffic count of 28,178 vehicles per day (WVDOH, 2014). Along Stewartstown Road, there is a daily traffic count of 3,597 vehicles per day (WVDOH, 2014).
The property is located just outside the city limits of Morgantown and is situated conveniently to many amenities including the Suncrest Towne Centre, Downtown Morgantown, Interstate 79, Hospitals, restaurants, shopping and more. The property is positioned immediately along Route 705, 2.7 miles to I-68, Exit 7, and 2.2 miles to downtown Morgantown and West Virginia University’s main campus. Along Route 705, there is a daily traffic count of 28,178 vehicles per day (WVDOH, 2014). Along Stewartstown Road, there is a daily traffic count of 3,597 vehicles per day (WVDOH, 2014).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,146 SF
Building Class
C
Year Built
1986
Price
£752,475
Price Per SF
£105
Percent Leased
59%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
2,950 SF
Building FAR
0.28
Lot Size
0.59 AC
Opportunity Zone
Yes
Parking
28 Spaces (9.49 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Kitchen
- Storage Space
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 08-4K-00920000 | Improvements Assessment | £242,899 |
| Land Assessment | £40,206 | Total Assessment | £283,105 |
PROPERTY TAXES
Parcel Number
08-4K-00920000
Land Assessment
£40,206
Improvements Assessment
£242,899
Total Assessment
£283,105
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