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Shopping Strip

Tractor Supply Anchored Center

88 Garden Fresh Plz Dr, Buckhannon, WV 26201

Listing Price: $2,150,982

Cap Rate
8.35%
Gross SF
49,882
Rentable SF
49,882
Price/Gross SF
$43.12
Lot Size
8.95 acres
Year Built
1998

Investment Overview

Marcus & Millichap exclusively offers a fully occupied retail center, anchored by Tractor Supply Co. The center is all net leased tenants including Family Dollar/Dollar Tree, which recently expanded its footprint by 2,600-square-feet at the end of 2022 and has 9 years remaining on lease term. The center also has a new five-year lease with Diamond Dealers, which offers full-service baseball and softball merchandise, started in 2024.
The property is offered at $43.12 per square-foot, significantly below replacement cost, with Tractor Supply's rent at an incredibly inexpensive $2.06 per square-foot. Family Dollar has a notable operating history, having operated at this location since 1998, demonstrating a strong commitment to the site.
The property features an abundance of parking with over 261 surface spaces, four points of ingress/egress and a large lot. There's an opportunity to add value through developing a 0.93-acre lot.
The location benefits from proximity to many notable tenants, schools, and a library nearby. Within one mile, there's a Skyline Plaza, a Kroger anchored shopping center housing various tenants including Ace Hardware, Anytime Fitness, Shoe Sensation, and Studio 7 Sun and Salon. Notably, the Anytime Fitness in the vicinity had 162,600 visits in 2023, making it the most visited Anytime Fitness in West Virginia according to Placer.ai. Additional major tenants in the area include A.F. Wendling’s Market, Mountain Roaster Coffee, KFC, Subway, StateFarm, Deerfield Country Club, and more. Moreover, the property is conveniently located within 0.5 miles from Tennerton Elementary School (308 students), 0.9 miles from Buckhannon-Upshur Middle School (836 students), and 1.2 miles from Buckhannon - Upshur High School (1,208 students), with the high school situated at the southern end of town, ensuring high visibility as nearly everyone from Buckhannon passes the center on the way to and from the high school. Adjacent to Upshur County Public Library, the property enjoys a strategic location within the community.

Investment Highlights

  • 100 percent Occupied Retail Center Anchored by Tractor Supply Co. | Net Leased Tenants
  • Family Dollar | Dollar Tree Recently Expanded its Footprint by 2,600-Square-Feet in 2022 | 9 Years of Term Remaining
  • Significantly Below Replacement Cost | Offered at $43.12 per Square-Foot
  • Incredibly Inexpensive Rent for Tractor Supply at $2.06 per Square-Foot
  • Opportunity to Add Value Through Developing 0.93-Acre Lot
  • Diamond Dealers Started a New Five-Year Lease in 2024

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WVB240300978

    West Virginia

Financing By

Shopping Strip

Tractor Supply Anchored Center

Listing Price: $2,150,982

Cap Rate
8.35%
Gross SF
49,882
Rentable SF
49,882
Price/Gross SF
$43.12
Lot Size
8.95 acres
Year Built
1998

Investment Highlights

  • 100 percent Occupied Retail Center Anchored by Tractor Supply Co. | Net Leased Tenants
  • Family Dollar | Dollar Tree Recently Expanded its Footprint by 2,600-Square-Feet in 2022 | 9 Years of Term Remaining
  • Significantly Below Replacement Cost | Offered at $43.12 per Square-Foot
  • Incredibly Inexpensive Rent for Tractor Supply at $2.06 per Square-Foot
  • Opportunity to Add Value Through Developing 0.93-Acre Lot
  • Diamond Dealers Started a New Five-Year Lease in 2024

Investment Overview

Marcus & Millichap exclusively offers a fully occupied retail center, anchored by Tractor Supply Co. The center is all net leased tenants including Family Dollar/Dollar Tree, which recently expanded its footprint by 2,600-square-feet at the end of 2022 and has 9 years remaining on lease term. The center also has a new five-year lease with Diamond Dealers, which offers full-service baseball and softball merchandise, started in 2024. The property is offered at $43.12 per square-foot, significantly below replacement cost, with Tractor Supply's rent at an incredibly inexpensive $2.06 per square-foot. Family Dollar has a notable operating history, having operated at this location since 1998, demonstrating a strong commitment to the site. The property features an abundance of parking with over 261 surface spaces, four points of ingress/egress and a large lot. There's an opportunity to add value through developing a 0.93-acre lot. The location benefits from proximity to many notable tenants, schools, and a library nearby. Within one mile, there's a Skyline Plaza, a Kroger anchored shopping center housing various tenants including Ace Hardware, Anytime Fitness, Shoe Sensation, and Studio 7 Sun and Salon. Notably, the Anytime Fitness in the vicinity had 162,600 visits in 2023, making it the most visited Anytime Fitness in West Virginia according to Placer.ai. Additional major tenants in the area include A.F. Wendling’s Market, Mountain Roaster Coffee, KFC, Subway, StateFarm, Deerfield Country Club, and more. Moreover, the property is conveniently located within 0.5 miles from Tennerton Elementary School (308 students), 0.9 miles from Buckhannon-Upshur Middle School (836 students), and 1.2 miles from Buckhannon - Upshur High School (1,208 students), with the high school situated at the southern end of town, ensuring high visibility as nearly everyone from Buckhannon passes the center on the way to and from the high school. Adjacent to Upshur County Public Library, the property enjoys a strategic location within the community.

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WVB240300978

    West Virginia

Financing By

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