1808 Harper Rd - Medical FOR SALE


Beckley, WV 25801
$2,907,692 USD
513-300-0763
1808 Harper Rd, Beckley, WV for Sale
$2,907,692 USD
Medical - FOR SALE
1/6
null | 6.5% Cap Rate

1808 Harper Rd
Beckley, WV 25801


OVERVIEW

We are pleased to present the exclusive sale of a new construction, corporate leased Starbucks investment property located at 1808 Harper Road in Beckley, West Virginia (the “Property”). Starbucks executed a 10-year lease with four (4), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. Starbucks is currently under construction with an anticipated rent commencement date of October 1, 2025. The new construction Starbucks enjoys outstanding frontage and visibility along Harper Road (WV Route 3). The Property is situated between Kroger and Raleigh General Hospital (0.3 miles) and Interstate 64 (0.6 miles) and is surrounded by national retailers and restaurants that drive traffic to the area. The Property is convenient to residential neighborhoods and is within 1.5 miles of 14 nationally branded hotels providing a built-in customer base. Starbucks is also close to WV Route 16 and US Route 19, the area’s primary commercial corridor which is home to countless big-box retailers and shopping centers. Beckley is located in the southern part of the state and serves as the county seat of Raleigh County; it is a central hub for commerce, education, and tourism in the region and is located approximately 55 miles south of Charleston and 80 miles north of Blacksburg.

FOR SALE DETAILS

PRICE

$2,907,692 USD

PRICE/SF

$1,274 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

APN/PARCEL ID

01-55-00140000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.