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Miscellaneous

Sportsman's Warehouse

5200 Gateway Dr, Morgantown, WV 26501

Listing Price: $6,265,000

Cap Rate
8.00%
Tenant Name
Sportsman's Warehouse
Years Remaining On Lease
3.2
Gross SF
30,381
Guarantor
Corporate Guarantee
Rentable SF
30,381
Price/Gross SF
$206.21
Lease Type
Double Net
Rent Per Square Feet
$16.50

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Sportsman's Warehouse in Morgantown, WV.

Investment Highlights

  • 3.25 Years Remaining on a Double-Net Lease (NN) - 4 x 5-Year Options Remaining with 10% Increases in Options
  • Corporate Lease with Sportsman's Warehouse, a National Sporting Good Brand Operating Over 140 Locations in 31 States. Sportsman's Common Stock is Traded on the NASDAQ: SPWH and has T12 Sales of 1.31 B
  • Across from West Virginia's 2nd Most Visited Shopping Center, University Town Center. Anchored by Target, Walmart, Sam's Club, and TJ Maxx, 8.1 Million People Visited in the last Twelve Months
  • University Town Center Serves a Massive True Trade Area of 241 SqMi (70% of Traffic). The True Trade Area Encompasses a Population of 209,322 which is Approximately Seven Times the Size of Morgantown, WV.

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Miscellaneous

Sportsman's Warehouse

Listing Price: $6,265,000

Cap Rate
8.00%
Tenant Name
Sportsman's Warehouse
Years Remaining On Lease
3.2
Gross SF
30,381
Guarantor
Corporate Guarantee
Rentable SF
30,381
Price/Gross SF
$206.21
Lease Type
Double Net
Rent Per Square Feet
$16.50

Investment Highlights

  • 3.25 Years Remaining on a Double-Net Lease (NN) - 4 x 5-Year Options Remaining with 10% Increases in Options
  • Corporate Lease with Sportsman's Warehouse, a National Sporting Good Brand Operating Over 140 Locations in 31 States. Sportsman's Common Stock is Traded on the NASDAQ: SPWH and has T12 Sales of 1.31 B
  • Across from West Virginia's 2nd Most Visited Shopping Center, University Town Center. Anchored by Target, Walmart, Sam's Club, and TJ Maxx, 8.1 Million People Visited in the last Twelve Months
  • University Town Center Serves a Massive True Trade Area of 241 SqMi (70% of Traffic). The True Trade Area Encompasses a Population of 209,322 which is Approximately Seven Times the Size of Morgantown, WV.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Sportsman's Warehouse in Morgantown, WV.

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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