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My Space Mini Storage 4920 Washington St W 17,200 SF 100% Leased Industrial Building Cross Lanes, WV 25313 $1,359,210 CAD ($79.02 CAD/SF) 6.01% Cap Rate
INVESTMENT HIGHLIGHTS
- In-place rents are approximately 20% below market, providing clear rent growth upside
- Ability to raise in-place rents to market, improving economic occupancy
- Current ownership is mom-and-pop with no formal marketing or pricing strategy
- Located just outside the West Virginia capital with over 58,000 residents within a five-mile radius
EXECUTIVE SUMMARY
Broker of Record
Brayden Conner
License # WVB250301071 (WV)
Matthews Real Estate Investment Services, Inc
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
Brayden Conner
License # WVB250301071 (WV)
Matthews Real Estate Investment Services, Inc
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059
(866) 889-0550
PROPERTY FACTS
| Price | $1,359,210 CAD | Property Type | Industrial |
| Price Per SF | $79.02 CAD | Rentable Building Area | 17,200 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.01% | Year Built | 2009 |
| Price | $1,359,210 CAD |
| Price Per SF | $79.02 CAD |
| Sale Type | Investment |
| Cap Rate | 6.01% |
| Property Type | Industrial |
| Rentable Building Area | 17,200 SF |
| No. Stories | 1 |
| Year Built | 2009 |
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PROPERTY TAXES
| Parcel Number | 25-28-01160002 | Improvements Assessment | $279,970 CAD |
| Land Assessment | $172,158 CAD | Total Assessment | $452,128 CAD |
PROPERTY TAXES
Parcel Number
25-28-01160002
Land Assessment
$172,158 CAD
Improvements Assessment
$279,970 CAD
Total Assessment
$452,128 CAD
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My Space Mini Storage | 4920 Washington St W
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