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200 Tracy Way 20,000 SF 100% Leased Office Building Charleston, WV 25311 $4,775,435 CAD ($238.77 CAD/SF) 8.64% Cap Rate

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Investment Highlights

  • The property was completed renovated in 2014 by Highmark, the landlord spent approximately $400,000 in 2021 upgrading for the current tenant Coforge.

Executive Summary

Credit tenants,New 240,000KW back up generator ,Coforge 15,000sf,United Sates Veteran Administration 5000sf
Gross Income $540,000
Net. Income $294,000
Coforge lease expires March 2029
VA Lease expires December 2026
The VA has already requested a 5 year extension which the owners are negotiating
Coforge has also expressed an interest in staying

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
20,000 SF
Building Class
A
Year Built
2002
Price
$4,775,435 CAD
Price Per SF
$238.77 CAD
Cap Rate
8.64%
NOI
$412,598 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
20,000 SF
Building FAR
0.16
Lot Size
2.85 AC
Zoning
Office - Commercial
Parking
135 Spaces (6.75 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
20-10- 50-0012.0000
Land Assessment
$535,611 CAD (2025)
Improvements Assessment
$1,651,447 CAD (2025)
Total Assessment
$2,187,058 CAD (2025)
  • Listing ID: 29526844

  • Date on Market: 2023-09-15

  • Last Updated:

  • Address: 200 Tracy Way, Charleston, WV 25311

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