1521 Van Meter Way
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1521 Van Meter Way
8,320 SF Retail Building West Liberty, WV 26074 $1,050,300 ($126/SF) 9% Cap Rate
Investment Highlights
- • 5.5 Years Remaining
- • NNN Lease Structure
- • 5% Increases Every 5 Years in Options
- • 2019 Construction
- • True Corporate Guarantee from Family Dollar Stores, Inc (S&P BBB Credit)
- • ZERO Dollar Store Competition within an 7-mile radius
Executive Summary
Economic Diversity: West Liberty, WV, enjoys a diverse economic base, supported by sectors such as agriculture, tourism, and small
businesses. This economic diversity contributes to a stable commercial real estate market, offering opportunities for investment and
development across various industries.
Strategic Location: West Liberty benefits from its strategic location within the Ohio Valley region. Positioned near major transportation
routes, including State Route 88 and proximity to Route 2, the town serves as a pivotal hub for transportation and commerce. This
accessibility makes West Liberty an attractive destination for businesses looking to establish a presence in the region.
Community Revitalization Efforts: In recent years, West Liberty has undertaken revitalization initiatives aimed at enhancing the
town’s infrastructure and attractiveness. These efforts focus on improving the downtown area and creating a more vibrant community
for residents and visitors alike. As a result, there are opportunities for commercial real estate development in these revitalized zones,
supporting the town’s economic growth and vitality
Educational and Cultural Institutions: West Liberty is home to educational institutions such as West Liberty University, which contributes
significantly to the local economy and demand for commercial real estate. Additionally, the town’s rich cultural heritage and proximity to
attractions such as West Liberty Heritage Foundation Museum further enhance its appeal for investment and development opportunities.
businesses. This economic diversity contributes to a stable commercial real estate market, offering opportunities for investment and
development across various industries.
Strategic Location: West Liberty benefits from its strategic location within the Ohio Valley region. Positioned near major transportation
routes, including State Route 88 and proximity to Route 2, the town serves as a pivotal hub for transportation and commerce. This
accessibility makes West Liberty an attractive destination for businesses looking to establish a presence in the region.
Community Revitalization Efforts: In recent years, West Liberty has undertaken revitalization initiatives aimed at enhancing the
town’s infrastructure and attractiveness. These efforts focus on improving the downtown area and creating a more vibrant community
for residents and visitors alike. As a result, there are opportunities for commercial real estate development in these revitalized zones,
supporting the town’s economic growth and vitality
Educational and Cultural Institutions: West Liberty is home to educational institutions such as West Liberty University, which contributes
significantly to the local economy and demand for commercial real estate. Additionally, the town’s rich cultural heritage and proximity to
attractions such as West Liberty Heritage Foundation Museum further enhance its appeal for investment and development opportunities.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
8,320 SF
Building Class
B
Year Built
2019
Price
$1,050,300
Price Per SF
$126
Cap Rate
9%
NOI
$94,519
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Land Acres
1.50 AC
-
Power Broker Brian Brockman -
Bang Realty
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1521 Van Meter Way
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