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4205 Maccorkle Ave SE 12,000 SF Retail Building Charleston, WV 25304 $2,486,827 CAD ($207.24 CAD/SF) 11% Cap Rate
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS
NNN Leasehold with Zero Landlord Responsibilities
Qualifies for Accelerated Bonus Depreciation (**Discuss with Tax Advisor)
Excellent Visibility with Frontage and Signage Along MacCorkle Ave SE which has Daily Traffic Counts Exceeding 21,170 Vehicles
Situated within a Retail Corridor and Surrounded by National Tenants Including Starbucks, McDonald's, Burger King, Wendy's, Taco Bell, and Advance Auto Parts
Average Household Income Exceeds $108,100 within a 1-Mile Radius of the Property
CVS Has Over 9,000 Locations Nationwide | NYSE: CVS
NNN Leasehold with Zero Landlord Responsibilities
Qualifies for Accelerated Bonus Depreciation (**Discuss with Tax Advisor)
Excellent Visibility with Frontage and Signage Along MacCorkle Ave SE which has Daily Traffic Counts Exceeding 21,170 Vehicles
Situated within a Retail Corridor and Surrounded by National Tenants Including Starbucks, McDonald's, Burger King, Wendy's, Taco Bell, and Advance Auto Parts
Average Household Income Exceeds $108,100 within a 1-Mile Radius of the Property
CVS Has Over 9,000 Locations Nationwide | NYSE: CVS
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,000 SF
Building Class
B
Year Built
2009
Price
$2,486,827 CAD
Price Per SF
$207.24 CAD
Cap Rate
11%
NOI
$273,551 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.37 AC
Parking
60 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
124’ on MacCorkle Ave
AMENITIES
- Pylon Sign
- Drive Thru
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $923,928 CAD | |
| Land Assessment | $239,491 CAD | Total Assessment | $1,163,419 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$239,491 CAD
Improvements Assessment
$923,928 CAD
Total Assessment
$1,163,419 CAD
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4205 Maccorkle Ave SE
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