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3 Northridge Dr - Harbor Freight - Buckhannon WV
15,000 SF Retail Building Offered at $1,883,326 at a 7% Cap Rate in Buckhannon, WV
- Newly constructed 15,000SF retail building in Buckhannon, WV, 100% leased to Harbor Freight, a discount tool and equipment retailer.
- Easily accessible by full turn ingress and egress to Northridge Dr, its location along Rt. 119/I-20 and close proximity to the Rt. 33/1 interchange.
- The tenant holds a 10-year NNN Lease that began in March 2019 with five 5-year options with 10% rent increases in each option period.
- 64 surface parking spaces for a ratio of 4.27 spaces per 1,000SF.
The Offering Under Contract
|Price||$1,883,326||Lot Size||1.64 AC|
|Price Per SF||$126||Gross Leasable Area||15,000 SF|
|Sale Type||Investment||No. Stories||1|
|Cap Rate||7.00%||Year Built||2018|
|Sale Conditions||Investment Triple Net||Tenancy||Single|
|Property Type||Retail||Parking Ratio||4.27/1,000 SF|
About 3 Northridge Dr , Buckhannon, WV 26201
The property is located along Rt. 119 adjacent to the interchange with Rt. 33/1. Retailers in the immediate radius include Walmart, NAPA Autoparts, Microtel, Buffalo Wild Wings, Pizza Hut, Arby's, and Burger King. Other traffic generators in the area include Wesleyan College which enrolls 1,449 students, and employs 150 faculty and staff members yearly.
Marketing BrochureDownload Brochure
Talent Base and Commute Times
NNN Tenant Information
|Tenant||SF Occupied||Lease End Date|
|Harbor Freight||15,000||February 2029|
|Collection Street||Cross Street||Traffic Vol||Year||Distance|
|Turkey Run Rd||US Rte 119, E||1,479||2018||2.07 mi|
|Weston Rd||Fink Run Rd, W||1,398||2018||2.27 mi|
|State Rte 20 S||Morris St, NE||9,625||2018||2.72 mi|
|Bailey Ridge Rd||Ivy Goodwin, NW||1,906||2018||2.77 mi|
|Co Rte 20/3||US Rte 119, NW||621||2018||2.95 mi|
About the Seller
About the Architect
Ashley Weinman , Assistant Vice President of Development and Sales
Tim Weinman , President
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.
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