518 Hedrick Ave - Warehouse FOR SALE


Martinsburg, WV 25405
$1,458,335 USD
513-300-0763
518 Hedrick Ave, Martinsburg, WV for Sale
$1,458,335 USD
Warehouse - FOR SALE
1/4
null | 6% Cap Rate

518 Hedrick Ave
Martinsburg, WV 25405


HIGHLIGHTS

  • Sherwin-Williams With 7+ Years Remaining
  • Strong Tenant Commitment With Recent 10-Year Renewal, Lease
  • Modified From Gross to NN, and Rent Increased of +/- 60% Without any Landlord Concessions
  • Located Just 20 Miles From Loudoun County—the Wealthiest County in the Nation
  • High-Visibility Location Along Hedrick Avenue With Direct Frontage
  • Strong Demographics of 60,000 Residents in 5-Mile Radius

OVERVIEW

Welcome to an exceptional investment opportunity at SHERWIN WILLIAMS - 518 Hedrick Ave, Martinsburg, WV 25401. This property boasts a strong tenant commitment with a recent 10-year lease renewal, a strategic location just 20 miles from Loudoun County, and proximity to major retailers like Target and Lowe's. Situated on 0.68 acres, the building spans 10,043 SF and features high-visibility along Hedrick Avenue. With a price of $1,458,335 and a cap rate of 6.0%, Sherwin-Williams, an investment-grade tenant with an S&P credit rating of BBB, offers stability and growth potential. The lease with Sherwin Williams extends until 2032, with a base rent of $87,500 and rent increases of 5% in 2028. The area demographics show a growing population and robust household incomes, making this property an attractive long-term investment opportunity. Don't miss out on this prime commercial real estate offering in Martinsburg!

FOR SALE DETAILS

PRICE

$1,458,335 USD

PRICE/SF

$146 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Warehouse on US Hwy 81 - National Tenant

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

4

DRIVE INS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.68

LAND SF

29,621

ZONING

GC

APN/PARCEL ID

01-5P-00100000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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

Brian BrockmanBang RealtyMore Info
513-300-0763

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