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20 Marrtown Rd
Parkersburg, WV 26101
7-Eleven · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,940 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.15 AC
Zoning
CM
Parking
19 Spaces (6.46 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage

About 20 MARRTOWN RD , PARKERSBURG, WV 26101

7-Eleven is located at 20 Marrtown Rd in Parkersburg, WV. The subject is an approximate 2,940-square foot single-tenant building on approximately .98 acres of land. The building was constructed in 2003. The most recently extended term was seven years on an absolute triple net (NNN) basis. The tenant of the building is 7-Eleven, Inc. There are approximately 3 years left on the primary lease term with three, five year renewal options remaining, a 7% increase in the first option and 10% rental increases in each additional option. The property is located at the intersection of Marrtown and Dupont Roads and connects points west and south to south Parkersburg, Old US 50 and downtown. Dupont Road is the primary thoroughfare through south Parkersburg and connects Ohio to Interstate 77. Tenants in the immediate area include Dollar Tree, Dollar General, Kroger, K-Mart, Family Dollar, McDonalds, Little Caesars, AutoZone, Advance Auto Parts, Burger King, Papa Johns, and Sonic. There are over 73,000 residents within a 5-mile radius of 7-Eleven. The city of Parkersburg is the third largest city in West Virginia and is the largest city in the Parkersburg-Marietta-Vienna MSA. The city is home to several large companies such as DuPont, a new $5 million Blue Cross Blue Shield headquarters, and the Bureau of Fiscal Service. Parkersburg has been undergoing a lot of rehabilitation and revitalization since the late 90s with projects that range from street maintenance and repair to industrial and recreational development. Some of these projects include the Riverfront projects and improvements to Point Park, Southwood Parks retention pond and Mini golf course, a skateboard park, and the downtown Farmers Market. The city of Parkersburg also rebuilt an area of City Park and donated thousands of bricks to the Veterans Museum in a project they have called Stepping Stones of Honor. Veterans and their families can support the Veterans Museum by purchasing the bricks and having them engraved and placed in the park.

Property Taxes

Property Taxes

Parcel Number
03-211-00010000
Land Assessment
$30,840
Improvements Assessment
$94,560
Total Assessment
$125,400
  • Listing ID: 12803825

  • Date on Market: 6/8/2018

  • Last Updated:

  • Address: 20 Marrtown Rd, Parkersburg, WV 26101

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