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Single-Tenant NNN Retail Property
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180 Eagle School Road, Martinsburg, WV 25404

Newly built retail property leased to Dollar Tree under a corporately guaranteed double-net lease.

Property Size9,000 SF
Days on Market146

Property Features for 180 Eagle School Road

General Information

Standard status Active
Size 9,000 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Indianapolis
Listed By: Nathan Whalen · License #IN AB21402364
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 1:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Indianapolis

Investment Insights

Based on property information with market context.

This single-tenant retail property is being developed as a 9,000-square-foot Dollar Tree location. The build-to-suit construction is scheduled for completion before the lease begins on May 1, 2018. Dollar Tree has executed a 10-year lease with four, five-year renewal options, and the lease includes rent increases during each option period. The tenant is responsible for property expenses under the double-net structure, while the landlord retains responsibility for the roof and structural components.

The property fronts Eagle School Road with immediate access to U.S. Route 11 in Martinsburg, West Virginia. Retail activity surrounding the site includes shopping centers anchored by Gold’s Gym, Save-a-Lot, Dollar General, Big Lots, and Goodwill. A community center at U.S. Route 11 and Edwin Miller Road includes Shop ‘n Save, Family Dollar, Subway, H&R Block, Pizza Hut, and Rent-a-Center.

Key Highlights

  • 9,000‑square‑foot build‑to‑suit Dollar Tree retail building
  • 10‑year lease scheduled to commence May 1, 2018
  • Corporately guaranteed lease with Dollar Tree’s “BB+” investment grade credit rating

Property Analytics

Current Use

Dollar Tree Home Decor Store Amazon Locker - Icaro Courier Service

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Kitchen & Bath Showroom Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby
187k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 31% Groceries 27% Home Improvements & Furnishings 13% Dining 12%
Martin's Food Market Groceries
25,800 visits/mo 0.4 miles
Big Lots Superstores
22,517 visits/mo 0.0 miles
Tractor Supply Co. Home Improvements & Furnishings
18,762 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,741 visits/mo 0.1 miles
Weis Markets Groceries
16,409 visits/mo 0.4 miles

Demographics for 25404, WV

23,034
Population
9,973
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
37.9 sq mi
ZIP Area
608
Density / Sq Mi
$68,897
Median Household Income
$42,976
Median Earnings
$1,228
Median Rent
$226,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly built retail property leased to Dollar Tree under a corporately guaranteed double-net lease.
Where is this nnn property located?
The property is located at 180 Eagle School Road Martinsburg, WV.
What are key features of this property?
This property features: 9,000‑square‑foot build‑to‑suit Dollar Tree retail building; 10‑year lease scheduled to commence May 1, 2018; Corporately guaranteed lease with Dollar Tree’s “BB+” investment grade credit rating
(317) 218-5329 Call to check price and availability
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