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1109 Van Voorhis Rd
Morgantown, WV 26505
705 Suncrest / Starbucks · Commerce de détail Propriété À vendre

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FAITS SAILLANTS DE L'INVESTISSEMENT
- Starbucks includes a Drive Thru
- 40,037 cars per day & across from hospital & University campuses
- One Mile Household Income $78,960
- Located 1 mile from the West Virginia University’s main campus
- Five Mile Population 78,242 and growing
- Site is heavily utilized by doctors & patients of WVU & Healthcare Ruby
RÉSUMÉ DE L'ANNONCE
Bang Realty is pleased to present this 4,000 SF building where Starbucks with a drivethru
and Radiological Physician Associates are tenants. It is located in Morgantown,
West Virginia - the largest city in North-Central West Virginia. Starbucks operates under
a 10 year NN Lease with four (5 year) options to renew - each with a rent increase of
$1.50 psf. They also rent out a small storage space on the 2nd floor. The 2nd floor also
holds 1,640 SF of vacant space providing upside potential with additional leasing
efforts. Market rents are projected at $1,650 - $1,750/month. The building was
constructed in 2004 and Starbucks has been a strong operating tenant since that time.
This Starbucks site benefits from having drive-thru and excellent visibility as it is
located on Van Voorhis Road which sees 40,037 cars per day and is directly across from
the University of West Virginia's School of Medicine and the J.W. Ruby Memorial
Hospital. Just 1 mile from the site sits the University of West Virginia's main campus
with nearly 30,000 students. The five mile population from the site is 78,242. The one
mile household income is $78,960. This is a prime location considering all of the activity
due to the proximity to the University of WV and the various hospitals and medical
offices in the direct vicinity of the store. Starbucks is one of the world’s largest quick
service food chains with nearly 33,000 stores in 76 countries.
and Radiological Physician Associates are tenants. It is located in Morgantown,
West Virginia - the largest city in North-Central West Virginia. Starbucks operates under
a 10 year NN Lease with four (5 year) options to renew - each with a rent increase of
$1.50 psf. They also rent out a small storage space on the 2nd floor. The 2nd floor also
holds 1,640 SF of vacant space providing upside potential with additional leasing
efforts. Market rents are projected at $1,650 - $1,750/month. The building was
constructed in 2004 and Starbucks has been a strong operating tenant since that time.
This Starbucks site benefits from having drive-thru and excellent visibility as it is
located on Van Voorhis Road which sees 40,037 cars per day and is directly across from
the University of West Virginia's School of Medicine and the J.W. Ruby Memorial
Hospital. Just 1 mile from the site sits the University of West Virginia's main campus
with nearly 30,000 students. The five mile population from the site is 78,242. The one
mile household income is $78,960. This is a prime location considering all of the activity
due to the proximity to the University of WV and the various hospitals and medical
offices in the direct vicinity of the store. Starbucks is one of the world’s largest quick
service food chains with nearly 33,000 stores in 76 countries.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
4 000 pi²
Classe d’immeuble
B
Année de construction
2004
Prix
1 831 813 $ CAD
Prix par pi²
457,95 $ CAD
Taux de capitalisation
6,05%
Revenu net d’exploitation
110 903 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
0,37 AC
Zonage
Commercial - Zonage commercial.
Impôts fonciers
| Numéro de lot | 15-6-00730000 | Évaluation des bâtiments | 194 119 $ CAD |
| Évaluation du terrain | 168 755 $ CAD | Évaluation totale | 362 874 $ CAD |
Impôts fonciers
Numéro de lot
15-6-00730000
Évaluation du terrain
168 755 $ CAD
Évaluation des bâtiments
194 119 $ CAD
Évaluation totale
362 874 $ CAD
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