Tractor Supply Anchored Center — Sale in Buckhannon, WV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Buckhannon, WV 26201
  • Year built: 1998

Photos

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Investment Figures

Cap rate
7.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer a fully occupied retail center, anchored by Tractor Supply Co. The center has approximately 49,882 square feet and sits on 8.95 acres. The property features an abundance of parking with over 261 surface spaces and four points of ingress/egress. All tenants are on net leases including Family Dollar, which recently expanded its footprint by 2,600-square-feet at the end of 2022. Family Dollar has a notable operating history, having operated at this location since 1998, demonstrating a strong commitment to the site. The property is offered at $53.80 per square-foot, significantly below replacement cost, with Tractor Supply's rent at an incredibly inexpensive $2.27 per square-foot. Additionally, there is an opportunity to add value through developing a 0.93-acre out-parcel. Investment Highlights: • 100% Occupied Retail Center Anchored by Tractor Supply and Family Dollar. • Family Dollar Recently Expanded its Footprint by 2,600 Square Feet at the End of 2022. • Offered Significantly Below Replacement Cost at $53.80 per Square Foot. • Incredibly Inexpensive Rent for Tractor Supply at $2.27 per Square Foot in Addition to a Recent Renewal. • Opportunity to Add Value Through Developing the 0.93-Acre Lot.

Market Context

This retail in Buckhannon, WV is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1998. Compare it against other retail listings for sale in Buckhannon, WV — view the full market.

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