Shopping Regional
Shops at MacArthur
117 Dayton St, Beckley, WV 25801
Listing Price: $1,850,000
Investment Overview
* 100% Leased 5-tenant center located as an outparcel to one of the top performing Walmart Supercenters in West Virginia
* 9,100 SF center priced at $203/SF- well below replacement value
* 65% of the GLA is with strong national tenants such as GameStop (2,900+ locations), Great Clips (4,400+ locations), and OneMain Financial (1,300+ locations)
* GameStop and OneMain Financial (46% of GLA) are original tenants and have occupied the property since 2007
* Conservative rents- average rent/SF in the center is $17
* Outparcel to one of the most visited Walmart Supercenter’s in West Virginia (per placer.ai)- over 2.07M visitors the past 12 months which ranks in the 72nd percentile nationally and the 76th percentile in West Virginia
* Less than a mile off Interstate 64- ADT on Interstate 64 is over 31,000 cars/day, and over 24,000 cars/day on Robert C. Byrd Drive
* Approximately 2 miles from Beckley ARH Hospital, the 2nd largest provider in Raleigh County with over 173 beds, an acute care facility, and level IV Trauma Center Emergency Room- hospital employs over 650 people with year admissions of nearly 7,000
* Approximately 2.5 miles from Beckley VA Medical Center- a 40-bed general medical and surgical care facility with a 50-bed community living center- serves approximately 40,000 Veterans living in an 11-county area of Southern Virginia
* Beckley, WV is the center of the healthcare industry in Raleigh County and surrounding counties- the other hospital in Beckley is Raleigh General Hospital (approximately 3.5 miles away)- Raleigh General has approximately 299 beds for nearly 13,000 patients treated each year, with another 50,000 patients treated in its emergency room- they are the second largest employer in Raleigh County with approximately 1,000 employees
* Beckley, WV serves as the hub of Southern West Virginia with a trade area of over 200,000 people- Beckley is the medical, education, and retail center of Southern West Virginia
Investment Highlights
- 100% Leased 5-tenant center located as an outparcel to one of the top performing Walmart Supercenters in West Virginia
- 9,100 SF center priced at $203/SF- well below replacement value
- 65% of the GLA is with strong national tenants such as GameStop (2,900+ locations), Great Clips (4,400+ locations), and OneMain Financial (1,300+ locations)
Broker of Record
Financing By
Listing Price: $1,850,000
Investment Highlights
- 100% Leased 5-tenant center located as an outparcel to one of the top performing Walmart Supercenters in West Virginia
- 9,100 SF center priced at $203/SF- well below replacement value
- 65% of the GLA is with strong national tenants such as GameStop (2,900+ locations), Great Clips (4,400+ locations), and OneMain Financial (1,300+ locations)
Investment Overview
* 100% Leased 5-tenant center located as an outparcel to one of the top performing Walmart Supercenters in West Virginia * 9,100 SF center priced at $203/SF- well below replacement value * 65% of the GLA is with strong national tenants such as GameStop (2,900+ locations), Great Clips (4,400+ locations), and OneMain Financial (1,300+ locations) * GameStop and OneMain Financial (46% of GLA) are original tenants and have occupied the property since 2007 * Conservative rents- average rent/SF in the center is $17 * Outparcel to one of the most visited Walmart Supercenter’s in West Virginia (per placer.ai)- over 2.07M visitors the past 12 months which ranks in the 72nd percentile nationally and the 76th percentile in West Virginia * Less than a mile off Interstate 64- ADT on Interstate 64 is over 31,000 cars/day, and over 24,000 cars/day on Robert C. Byrd Drive * Approximately 2 miles from Beckley ARH Hospital, the 2nd largest provider in Raleigh County with over 173 beds, an acute care facility, and level IV Trauma Center Emergency Room- hospital employs over 650 people with year admissions of nearly 7,000 * Approximately 2.5 miles from Beckley VA Medical Center- a 40-bed general medical and surgical care facility with a 50-bed community living center- serves approximately 40,000 Veterans living in an 11-county area of Southern Virginia * Beckley, WV is the center of the healthcare industry in Raleigh County and surrounding counties- the other hospital in Beckley is Raleigh General Hospital (approximately 3.5 miles away)- Raleigh General has approximately 299 beds for nearly 13,000 patients treated each year, with another 50,000 patients treated in its emergency room- they are the second largest employer in Raleigh County with approximately 1,000 employees * Beckley, WV serves as the hub of Southern West Virginia with a trade area of over 200,000 people- Beckley is the medical, education, and retail center of Southern West Virginia