60 Columbia Blvd, Clarksburg, West Virginia 26301

Sale Information

Asking Price: $1,786,667

Building Size: 15,961 SQ FT

Lot Size: 77101

Cost per Square Foot: $111.94

Cap Rate: 7.50%

NOI: $134,000.00

Property Overview

The Subject Property is part a single-tenant net lease portfolio. For more information regarding this property, or the 8 others in the portfolio, please reach out to Trinity REIS. The portfolio consist of 9 properties for a total purchase price of $15M with a blended cap rate of 7.72% and average lease term remaining of 9 years. Other tenants in the portfolio; Burger King (corporate), Gerber Collision, Dollar General, EZ Pawn and more.

Built: 2009

Occupancy: 100%

Property Details

Key Points: FleetPride Located in Clarksburg, WV 12+ Years Remaining on Current Term Ideally Situated Off Major Interstate-79 (54K+ VPD) 10% Rental Increases Built into Primary Term - 2026 NNN Lease With Minimal Landlord Responsibilities Tenant Recently Extended Lease Early by Additional 5 Years Optimal Location for Tenant as Immediate Area is Surrounded by Industrial Tenants With Commercial Grade Vehicle Needs Large Trade Area - 40,000 Residents within 5 Miles of Property

Broker Information

Trinity Real Estate Investment Services
Branson Blackburn

222 Exchange Ave., Suite 200
Fort Worth, Texas 76164