309 Medical Ct - Medical FOR SALE


Martinsburg, WV 25401
$699,000 USD
304-579-4349
309 Medical Ct, Martinsburg, WV for Sale
$699,000 USD
Medical - FOR SALE
1/6
null | 5.56% Cap Rate

309 Medical Ct
Martinsburg, WV 25401


HIGHLIGHTS

  • Leased for by WVU Medical for the next 3 years
  • WVU Medical updated the property in 2019

OVERVIEW

Prime medical office investment opportunity in the heart of Martinsburg. This well-maintained, single-story medical building offers approximately 3,484 SF of functional space currently leased to WVU Medicine, a major healthcare provider with a strong operating history. The property features six exam rooms, three private offices, a large reception area, waiting room, triage space, and multiple restrooms, all designed for efficient patient care and workflow. Situated on a .66-acre lot with 32 lined parking spaces, this property is ideally located within the established Medical Court professional park, just steps from Berkeley Medical Center and other regional healthcare services. Currently has a 3 year lease through 2028 and has an annual 2% rent escalations, offering additional stability and predictable cash flow for investors seeking long-term security.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

5.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

06-4D-01290000

ASK ABOUT THIS PROPERTY

Chris RossMilestone Real Estate GroupMore Info
304-579-4349

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Chris RossMilestone Real Estate GroupMore Info
304-579-4349

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