Mineral St
Keyser, WV

OFFERING SUMMARY

Price: $3,100,000
Cap Rate: 8.00%
Gross Leasable Area: 23,250 SF
NOI: $248,162

 
OFFERING HIGHLIGHTS
  • Centrally Located Retail Plaza
  • Strong Synergetic Location
  • Attractive Tenant Mix
  • Brand New Leases
  • National Recognized Tenant
  • Easy Access from Main Roadway
 
INVESTMENT OVERVIEW

Marcus & Millichap is pleased to present a strong retail center located at 825 Mineral Street in the heart of Keyser, West Virginia. The property is composed of two separate commercial buildings, one being a stand-alone Dollar Tree and the other a three-suite property containing AT&T, Denny’s, and Potomac Valley Hospital backed by West Virginia Health. The tenants boast a strong lease mix with Denny’s and Potomac Health featuring recently executed leases and Dollar Tree approaching a new renewal and rental increase.

The Dollar Tree is a 2004 build-to-suit featuring 9,750 square feet while the second building is 13,500 mixed-use space containing the other three tenants. The plaza boasts good retail synergy providing consumers with a wide array of retail, dining, and medical options.

Nestled within Keyser’s retail core, the site is surrounded by a flurry of retail and medical that bodes well for customer counts and traffic patterns. Acquisition of this asset means investing in a solid, high-performing center with thriving tenants which will provide investors with steady cash flow in a stable market. The property is a lucrative asset to own in a strategic location with consistent customer counts and population.

$3M | Active Listings | Dollar Store | Medical / Dental | Net-Leased | Opportunity Zone | Restaurant