Office
Class A Mixed-Use: Pullman Plaza | Huntington, WV
933-35 3rd Ave, Huntington, WV 25701
Listing Price: $11,610,000
Cap Rate
8.50%
Gross SF
75,051
Rentable SF
75,051
Price/Gross SF
$154.69
Lot Size
0.65 acres
Year Built
1890
Investment Overview
Marcus & Millichap is pleased to present the offering for Pullman Plaza in Huntington, West Virginia.
Investment Highlights
- Over $10 Million Invested in Complete Class "A" Renovation Starting in 2010, Including New HVAC, Roofing, Wiring and Interior for Every Building
- Strong Tenant Mix of Law Office, Financial and Professional Services and Retail | Over 94 Percent Occupied with a Weighted Average Lease Term of Over Four Years
- Situated at a Signalized Four Way Intersection with First Floor Retail in Main Downtown Corridor
- Supply-Constrained Corridor: Very Little Room for New Building or Leasing in Downtown Huntington
- Adjacent to Pullman Square Shopping Center, a 200K-Square-Foot Retail and Entertainment Center
- Proximity to Marshall University: The University is Huntington's Largest Employer with Offices Adjacent to the Subject Property
- Local Economic Anchors: The Area Features Major Traffic and Visitor Drivers, Including Pullman Square Shopping Plaza, a 70,000-Square-Foot Mixed Use Retail, Dining and Entertainment Center Anchoring Downtown Huntington, Mountain Health Arena (170K Plus Annual Visitors) and St. Mary's Medical Center (393 Beds)
Broker of Record
-
Grant Fitzgerald
Managing Director Investments
Financing By
Listing Price: $11,610,000
Cap Rate
8.50%
Gross SF
75,051
Rentable SF
75,051
Price/Gross SF
$154.69
Lot Size
0.65 acres
Year Built
1890
Investment Highlights
- Over $10 Million Invested in Complete Class "A" Renovation Starting in 2010, Including New HVAC, Roofing, Wiring and Interior for Every Building
- Strong Tenant Mix of Law Office, Financial and Professional Services and Retail | Over 94 Percent Occupied with a Weighted Average Lease Term of Over Four Years
- Situated at a Signalized Four Way Intersection with First Floor Retail in Main Downtown Corridor
- Supply-Constrained Corridor: Very Little Room for New Building or Leasing in Downtown Huntington
- Adjacent to Pullman Square Shopping Center, a 200K-Square-Foot Retail and Entertainment Center
- Proximity to Marshall University: The University is Huntington's Largest Employer with Offices Adjacent to the Subject Property
- Local Economic Anchors: The Area Features Major Traffic and Visitor Drivers, Including Pullman Square Shopping Plaza, a 70,000-Square-Foot Mixed Use Retail, Dining and Entertainment Center Anchoring Downtown Huntington, Mountain Health Arena (170K Plus Annual Visitors) and St. Mary's Medical Center (393 Beds)
Investment Overview
Marcus & Millichap is pleased to present the offering for Pullman Plaza in Huntington, West Virginia.
Broker of Record
-
Grant Fitzgerald
Managing Director Investments
Financing By