100% Leased Office Building | Investment | 705 Greenbag Rd
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100% Leased Office Building | Investment 705 Greenbag Rd
3,020 SF 100% Leased Office Building Morgantown, WV 26508 £607,918 (£201/SF) 7.79% Net Initial Yield
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).
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
£607,918
Price Per SF
£201
Net Initial Yield
7.79%
NOI
£47,357
Percent Leased
100%
Number of Floors
2
Typical Floor Size
1,510 SF
Parking
12 Spaces (3.97 Spaces per 1,000 SF Leased)
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Kim Licciardi, CCIM -
Zach Evans -
Mark Nesselroad -
Black Diamond Realty
(304) 413-4350
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100% Leased Office Building | Investment | 705 Greenbag Rd
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