100 Lakeview Ct - Restaurant FOR SALE
Parkersburg, WV 26104 |
100 Lakeview Ct
Parkersburg, WV 26104
HIGHLIGHTS
- WELL-LOCATED NEIGHBORHOOD STRIP CENTER | 70,172 SF – 89.6% LEASED | NEW 15-YR NNN LEASE WITH GOODWILL (EXP 03/2040)
- IMMEDIATE VALUE-ADD OPPORTUNITY | 7,291 SF OF VACANCY – 2 UNITS | STRONG LEASING MOMENTUM
- GOODWILL & BUFFALO WILD WINGS COMPRISE 38% OF RENTAL INCOME – BOTH HAVE 15+ YEARS OF TERM REMAINING | 75% OF RENTAL INCOME IS FROM NATIONAL TENANTS
- STRONG TENANT SALES | BUFFALO WILD WINGS OPERATING AT SUB-5% OCCUPANCY COST – OVER $2.7M IN SALES
- IDEALLY POSITIONED ALONG MURDOCH AVE (29,000 VPD) IN THE HEART OF THE NORTH PARKERSBURG RETAIL CORRIDOR | EXCELLENT ACCESS & VISIBILITY
- DESIRABLE DEMOGRAPHICS | 5-MILE POPULATION: NEARLY 40,000; HHI: NEARLY $80,000 | GROWING POPULATION | 4TH MOST POPULOUS CITY IN WEST VIRGINA
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
LAKEVIEW SHOPPING CENTER
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
70172
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
05-99-00070000,05-99-00070001
