Black Diamond Realty is pleased to present 6, 8, 10 Canyon Road, a 100% leased, professional/Medical Class A office investment. The property includes 17,330 (+/-) square feet on 0.955 (+/-) acre fronting I-79.
Investment Highlights:
Investment-Grade Tenant: WVU Medicine (S&P: ‘AA/A-1’ and ‘AA+/A-1’)
• Occupies 26% of Property
• Lease Commencement: March 1, 2014
• Lease Term Remaining: 2.5+ Years and 5-Yr Renewal with CPI Increase
• Lease Type: NN
• Healthy Minds Counseling Office
Long-Term Creditworthy Tenant: Omnia Medical
• Occupies 74% of Property
• Lease Commencement: June 1, 2018
• Lease Term Remaining: 10+ Years Remaining and Two 5-Yr Renewals with CPI Increases
• Lease Type: Modified Gross
• Limited Personal Guarantees by Co-Owners
• Invested significant capital in tenant improvements to the property.
• Medical Implant Headquarters (Corporate Office, Testing, Clean Room, Printing/Packaging/Shipping)
Other Highlights:
• Excellent I-68 Interstate Visibility
• Located in the highly regarded Cheat Lake area of Morgantown, WV
• Strong Medical, Academic, and Economic Markets
• Near West Virginia University, J.W. Ruby Memorial Hospital (WVU Medicine), Mon Health, Uniontown Hospital (WVU Medicine) & UPMC
• Amenities: Backup Power Generators
• Utilities: 3-phase electric, natural gas, public water/sewer