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72 Whitewater Ave 13,155 SF Retail Building Fayetteville, WV 25840 $1,702,485 ($129.42/SF) 10.50% Cap Rate
Executive Summary
INVESTMENT HIGHLIGHTS
NNN Leasehold with Zero Landlord Responsibilities
Qualifies for Accelerated Bonus Depreciation (**Discuss w/ Tax Processional)
Excellent Site Visibility with 21,000+ Vehicles Per Day.
Located in Major Thoroughfare between Charleston and Beckley as the Main Shopping Destination in the Region
Low Rent Paying $13.55
Positioned Along U.S. Highway 19 which has Daily Traffic Counts Exceeding 21,200 Vehicles
Situated Directly Across from a Walmart-Anchored Retail Center and Surrounded by National Tenants Including Lowe's, Starbucks, McDonald's, Subway, Dollar Tree, Wendy's, KFC, Arby's, Five Below and Many More
CVS Has Over 9,000 Locations Nationwide | NYSE: CVS
Average Household Income Exceeds $71,650 within a 1-Mile Radius of the Property
NNN Leasehold with Zero Landlord Responsibilities
Qualifies for Accelerated Bonus Depreciation (**Discuss w/ Tax Processional)
Excellent Site Visibility with 21,000+ Vehicles Per Day.
Located in Major Thoroughfare between Charleston and Beckley as the Main Shopping Destination in the Region
Low Rent Paying $13.55
Positioned Along U.S. Highway 19 which has Daily Traffic Counts Exceeding 21,200 Vehicles
Situated Directly Across from a Walmart-Anchored Retail Center and Surrounded by National Tenants Including Lowe's, Starbucks, McDonald's, Subway, Dollar Tree, Wendy's, KFC, Arby's, Five Below and Many More
CVS Has Over 9,000 Locations Nationwide | NYSE: CVS
Average Household Income Exceeds $71,650 within a 1-Mile Radius of the Property
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,155 SF
Building Class
B
Year Built
2010
Price
$1,702,485
Price Per SF
$129.42
Cap Rate
10.50%
NOI
$178,761
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
43.07 AC
Parking
30 Spaces (2.28 Spaces per 1,000 SF Leased)
Frontage
537’ on Whitewater Ave
Amenities
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-29-00010001 | Improvements Assessment | $537,760 |
| Land Assessment | $312,330 | Total Assessment | $850,090 |
Property Taxes
Parcel Number
05-29-00010001
Land Assessment
$312,330
Improvements Assessment
$537,760
Total Assessment
$850,090
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72 Whitewater Ave
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