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For Lease: Starbucks Anchored 1050 University Ave
1,835 - 9,397 SF of 4-Star Space Available in Morgantown, WV 26505
HIGHLIGHTS
- 9,000 SF of brand new retail/office space with customizable build-outs, flexible leases, and end cap availabilities.
- Unmatched visibility with over 40,000 vehicles passing through University Avenue daily.
- Anchored by Starbucks with nearby national restaurants include Domino's, Sheetz, Dunkin', Cold Stone Creamery and Chipotle.
- Easy access from multiple points of ingress and egress along Kirk Street and Moreland Street, with ample customer parking.
- Within walking distance from West Virginia University's main campus and both the city and county courthouses.
- Direct access to Light Rail Walnut Station
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1038 | 1,835 SF | 5-20 Years | $30.00 /SF/YR $2.50 /SF/MO $55,050 /YR $4,588 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 201 | 3,781 SF | 5-20 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste 202 | 3,781 SF | 5-20 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 1038
New construction, first floor retail joining well-established national retailer. Storefronts facing University Avenue with 24 Parking Spaces.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Drive Thru
- New construction with high visibility.
- End cap unit
- Street-level with University Ave frontage
2nd Floor, Ste 201
Second Floor space has ground-level access from the parking lot fronting Chestnut Street, with 25 parking spots making it ideal for Office/Medical uses as well as Retail
- Open Floor Plan Layout
- Fits 10 - 31 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 7,562 SF of adjacent space
- FLEXIBLE LEASES
- EXCLUSIVE BUILD-OUTS
- HIGH VISIBILITY
- FEATURED SIGNAGE
- ANCHOR TENANT w/ STARBUCKS DRIVE THRU
- MIXED USE - RETAIL & OFFICES
2nd Floor, Ste 202
Second Floor space has ground-level access from the parking lot fronting Chestnut Street, with 25 parking spots making it ideal for Office/Medical uses as well as Retail
- Fits 10 - 31 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 7,562 SF of adjacent space
- New construction with high visibility.
- Modern, open shell
- Separate entrance and dedicated parking
- Premium signage opportunity
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT FOR LEASE: STARBUCKS ANCHORED
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Starbucks
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Starbucks | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 1050 UNIVERSITY AVE , MORGANTOWN, WV 26505
| Total Space Available | 9,397 SF | Gross Leasable Area | 15,000 SF |
| Max. Contiguous | 7,562 SF | Year Built | 2022 |
| Property Type | Retail | Parking Ratio | 3.67/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 9,397 SF |
| Max. Contiguous | 7,562 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,000 SF |
| Year Built | 2022 |
| Parking Ratio | 3.67/1,000 SF |
ABOUT THE PROPERTY
Prime Retail and Office Space at The Deck in Morgantown, WV Introducing The Deck, a 14,860 SF mixed-use property strategically located at 1050 University Ave, Morgantown, WV 26505. Situated at the threshold of Downtown Morgantown, this property offers an exceptional opportunity for retailers and office users seeking high visibility and foot traffic. Property Highlights -Corner location at the intersection of University Blvd and Kirk St., with a VPD count of nearly 40,000 -Anchor tenant: Starbucks drive-thru, ensuring a steady flow of customer traffic -Direct access to the Light Rail Walnut Station and multiple bus stops -Within walking distance of West Virginia University and downtown's government centers -Adjacent to high-volume Sheetz gas station -Abundant on-site parking with 44 spots (25 lower level, 19 upper level) -Tremendous building and pylon signage opportunities Available Spaces -Grade Lower Level: 1,835 SF available, delivered as a warm vanilla shell -Grade Upper Level: 7,562 SF available, featuring an open floor plan ready for tenant improvements -Minimum divisible: 1,835 SF (lower), 3,781 SF (upper) Property Features -Two-floor building with ceiling heights of 12'6" -Gorgeous exterior and finished shells, unique to Morgantown commercial real estate -Ample natural light and separate entrances for each level -Outdoor patio space of approximately 1,000 SF -Zoned as Pedestrian Oriented Center (B-4), allowing for a wide range of uses -Strong median household income in the surrounding area The Deck offers an unparalleled opportunity for businesses to thrive in a prime location with exceptional visibility and access to a diverse customer base. Its proximity to West Virginia University and downtown Morgantown, combined with the anchor tenant Starbucks, ensures a steady flow of foot traffic and consumer spending. For more information or to schedule a tour, please contact: Hardy World LLC 724-484-2739 info@hardyworld.biz
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
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For Lease: Starbucks Anchored | 1050 University Ave
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