1400 MacCorckle Ave | Saint Albans, WV 25177
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1400 MacCorckle Ave
Saint Albans, WV 25177
St. Albans Shopping Center | Kroger Anchor · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Anchored by Kroger with Fuel Center | Kroger has Just Over Eight Years of Term Remaining | Original Tenant
- Kroger sales of $39+ Million ($831 PSF) | Continued YOY Growth | Rent-To-Sales Ratio of Less Than 1%
- High Barrier to Entry | Mature Marketplace | Positioned on U.S. 60 / MacCorkle Ave (16,915 VPD combined)
- Significant Value-Add Potential from Former Kmart Space | Potential Separate Sale | Expressed Interest & LOI’s from Several Tenants for Leasing Spaces
- Goodwill Brand New 15-Year Lease | Pet Supplies Plus Brand New 10-Year Lease | Landlord $1.5 Million Spent on Tenant Buildouts
- 10 Miles from Charleston | West Virginia State Capital
PROPERTY FACTS
Property Type
Building Size
223,457 SF
Building Class
C
Year Built/Renovated
1975/1986
Percent Leased
51%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.24
Lot Size
21.29 AC
Zoning
C
Parking
911 Spaces (4.08 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signalized Intersection
- Waterfront
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,721,060 | |
| Land Assessment | $2,308,620 | Total Assessment | $5,029,680 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,308,620
Improvements Assessment
$2,721,060
Total Assessment
$5,029,680
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