1239 Warwood Ave | Wheeling, WV 26003
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- LoopNet Team
1239 Warwood Ave
Wheeling, WV 26003
Warwood Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 73% Occupied, 91,918 SF Grocery- Anchored Community Shopping Center in Wheeling, WV
- Kroger Reports Consistently Strong Sales; Exceeded $15.6M and $630/SF in Most Recent Year
- Goodwill - Just Exercised 5-Year Option thru December 2029 w/ Increase in Rent
- Anchored by Kroger (37% of Occ. GLA) – In-Place Since the 1950’s with Current Term thru September 2027
- Significant Value-Add Potential via Lease-Up – Six Vacancies Totaling 24,504 SF Incl. One 12K SF Unit and Five Small-Shop Units
- 93% of Occupied GLA is Leased to National or Government Tenants (8 of 10 Tenants)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
91,918 SF
Building Class
C
Year Built
1952
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
5.00 AC
Parking
300 Spaces (3.26 Spaces per 1,000 SF Leased)
AMENITIES
- Food Court
PROPERTY TAXES
| Parcel Number | 10-W10-01250000 | Improvements Assessment | $1,385,640 |
| Land Assessment | $575,880 | Total Assessment | $1,961,520 |
PROPERTY TAXES
Parcel Number
10-W10-01250000
Land Assessment
$575,880
Improvements Assessment
$1,385,640
Total Assessment
$1,961,520
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