3683 Ohio River Rd - Medical FOR SALE


Point Pleasant, WV 25550
$1,315,000 USD
304-523-2225
3683 Ohio River Rd, Point Pleasant, WV for Sale
$1,315,000 USD
Medical - FOR SALE
1/21
null | 6.75% Cap Rate

3683 Ohio River Rd
Point Pleasant, WV 25550


HIGHLIGHTS

  • Building is near the new Nucor site

OVERVIEW

Tenant has vacated the building but is committed through 8/31/28 with 2% rent increases and is NN lease. Owner is responsible for the structure and the parking lot, tenant cover all other expenses. The annual increases are as follows: 9/1/22-8/31/23 is $88,740.00 9/1/23-8/31/24 is $90,514.80 9/1/24-8/31/25 is $92,325.10 9/1/25-8/31/26 is $94,171.60 9/1/26-8/31/27 is $96,055.03 9/1/27-8/31/28 is $97,976.13

FOR SALE DETAILS

PRICE

$1,315,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

C

APN/PARCEL ID

14 22200010009

ASK ABOUT THIS PROPERTY

Andy BowenRealty ExchangeMore Info
304-523-2225

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

Andy BowenRealty ExchangeMore Info
304-523-2225

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