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745 Foxcroft Ave N 23,620 SF Retail Building Martinsburg, WV 25401 $4,413,640 CAD ($186.86 CAD/SF) 8.75% Cap Rate
Investment Highlights
- Located in a proven commercial corridor with consistent traffic
- Surrounded by national, regional and local retailers
- Close Proximity to Interstate I-81, the regions primary north-south throughfare
Executive Summary
The property is a freestanding OfficeMax retail building located in a well established commercial corridor. The building benefits from excellent visibility, strong access, and proximity to major national retailers and regional traffic drivers. The surrounding trade area is supported by dense retail, service, and residential uses, contributing to consistent consumer demand.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,620 SF
Building Class
B
Year Built
1998
Price
$4,413,640 CAD
Price Per SF
$186.86 CAD
Cap Rate
8.75%
NOI
$386,193 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.26
Lot Size
2.11 AC
Opportunity Zone
Yes
Parking
100 Spaces (4.23 Spaces per 1,000 SF Leased)
Frontage
117’ on Foxcroft Ave N
Amenities
- Freeway Visibility
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-24-00300000 | Improvements Assessment | $764,074 CAD |
| Land Assessment | $1,235,822 CAD | Total Assessment | $1,999,896 CAD |
Property Taxes
Parcel Number
06-24-00300000
Land Assessment
$1,235,822 CAD
Improvements Assessment
$764,074 CAD
Total Assessment
$1,999,896 CAD
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745 Foxcroft Ave N
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