Shopping Strip

Verizon & Aspen Dental Strip Center | Outside Washington D.C. | Brand New Construction

Listing Price: $3,554,128

Cap Rate
7.30%
Gross SF
7,500
Rentable SF
7,500
Price/Gross SF
$473.88
Lot Size
1.05 acres
Year Built
2018

Investment Overview

The City of Martinsburg, recognized as the “fastest growing City in the State” is due to the close proximity to Washington, DC & Baltimore, MD MSA’s. Martinsburg is proud of the services provided to residents and businesses and its recognition of housing and commercial developments. Downtown revitalization, interstate/highway corridor commerce and agricultural activity, along with strong community values and commitment, open the “welcome” mat for visitors and companies looking to locate in our wonderful City. Recent developments in infrastructure improvements (water, sewer and highways) and growth through annexation will allow Martinsburg to continue to be the leader in the Quad-State area.

Investment Highlights

  • Brand New Construction - Verizon, Aspen Dental and SportClips Strip Center Featuring NNN Leases with 10% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility w/ Traffic Counts Exceeding 31k+ Vehicles. Located off of Interstate-81 (74k+ VPD).
  • Verizon Wireless Largest Exclusive Premium Retailer with 1,145+ Locations Across 45+ States and Features $1.5 Billion in Annual Revenue. Aspen Dental is a National Brand with over 700 Locations with 4
  • Pad to Lowe's Home Improvement. In Close Proximity to Numerous National Retailers such as Walmart Supercenter, Target, Best Buy, Michaels, TJMaxx, Dick's Sporting Goods and many more.
  • Near Martinsburg VA Medical Center: A 473 Bed, General Medical, Surgical, Psychiatric, Primary, and Specialty Care Medical Center (2,020+ Employees | 506k+ Annual Visitors/Treatments).
  • Located Just North from Eastern WV Regional Airport - With more than 29k+ Aircraft Operations and Generating more than $224M in Total Economic Output Annually.

Exclusively Listed By

Shopping Strip

Verizon & Aspen Dental Strip Center | Outside Washington D.C. | Brand New Construction

Listing Price: $3,554,128

Cap Rate
7.30%
Gross SF
7,500
Rentable SF
7,500
Price/Gross SF
$473.88
Lot Size
1.05 acres
Year Built
2018

Investment Highlights

  • Brand New Construction - Verizon, Aspen Dental and SportClips Strip Center Featuring NNN Leases with 10% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility w/ Traffic Counts Exceeding 31k+ Vehicles. Located off of Interstate-81 (74k+ VPD).
  • Verizon Wireless Largest Exclusive Premium Retailer with 1,145+ Locations Across 45+ States and Features $1.5 Billion in Annual Revenue. Aspen Dental is a National Brand with over 700 Locations with 4
  • Pad to Lowe's Home Improvement. In Close Proximity to Numerous National Retailers such as Walmart Supercenter, Target, Best Buy, Michaels, TJMaxx, Dick's Sporting Goods and many more.
  • Near Martinsburg VA Medical Center: A 473 Bed, General Medical, Surgical, Psychiatric, Primary, and Specialty Care Medical Center (2,020+ Employees | 506k+ Annual Visitors/Treatments).
  • Located Just North from Eastern WV Regional Airport - With more than 29k+ Aircraft Operations and Generating more than $224M in Total Economic Output Annually.

Investment Overview

The City of Martinsburg, recognized as the “fastest growing City in the State” is due to the close proximity to Washington, DC & Baltimore, MD MSA’s. Martinsburg is proud of the services provided to residents and businesses and its recognition of housing and commercial developments. Downtown revitalization, interstate/highway corridor commerce and agricultural activity, along with strong community values and commitment, open the “welcome” mat for visitors and companies looking to locate in our wonderful City. Recent developments in infrastructure improvements (water, sewer and highways) and growth through annexation will allow Martinsburg to continue to be the leader in the Quad-State area.

Exclusively Listed By

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