Two-Story Office Building with
For Sale
Contact for pricing
Pending
2000 Hampton Center, Morgantown, WV 26505
Two-story Class B office building with elevator, central air, and 43 on-site parking spaces.
Property Size10,199 SF
Lot Size0.75 Acres
Days on Market180
Property Features for 2000 Hampton Center
General Information
Standard status
Pending
Size
10,199 SF
Class
C
Total Parking Spaces
43
Lot size
0.75 Acres
Property subtype
Retail, Office
Zoning
Commercial
Occupancy
50%
Investment Type
Owner/User
Amenities
elevator
natural light
signage opportunities
kitchen area
central air
Building Details
Year Built
1986
Stories
2
Units
43
Listed By:
Aaron Marko · License #WVS180300513
Source:
Crexi
Added: Apr 24
Changed: Oct 7
Last Checked: Oct 19 at 6:08AM
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 Aaron Marko
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Investment Insights
Based on property information with market context.
This two-story, Class B professional office building offers approximately 5,000 SF floor plates and is elevator-served for full accessibility. Interior features include carpeting, a kitchen area, and central air, with abundant natural light throughout.
The property is located just off Route 705 and directly across from Suncrest Town Centre, with proximity to WVU Medicine, Mon Health Medical Center, and West Virginia University. It sits on a 0.75-acre site within a well-established business park.
Parking is provided on-site with 43 spaces. The building is currently 50% occupied.
The property is located just off Route 705 and directly across from Suncrest Town Centre, with proximity to WVU Medicine, Mon Health Medical Center, and West Virginia University. It sits on a 0.75-acre site within a well-established business park.
Parking is provided on-site with 43 spaces. The building is currently 50% occupied.
Key Highlights
- 10,000 SF Class B two‑story professional office building built in 1986 with elevator access
- ~5,000 SF floor plates and central air with interior finishes including carpeting and a kitchen area
- Currently 50% occupied, providing in‑place income with remaining space available for lease‑up
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,936
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,758,720
$1.8M
Cap Rate 7%
$1,256,229
$1.3M
Cap Rate 9%
$977,067
$977.1K
Market Conditions
NOI Build-Up for 10,199 SF
Gross rent
$153.0K $15.00/SF
− Vacancy
−$6.4K −$0.63/SF
EGI
$146.6K $14.37/SF
− OpEx
−$58.6K −$5.75/SF
NOI
$87.9K $8.62/SF
Area
Monongalia County, WV
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,758,720
Cap Rate 7%
$1,256,229
Cap Rate 9%
$977,067
Alternative Uses
Best Use
Office B
$2.20M
$1.93M – $2.57M
NOI $154,080 @ 7.0% cap · market cap 11.41%
Second Best
Healthcare Medical
$1.26M
$1.10M – $1.47M
NOI $87,936 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,817 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 26505, WV
39,057
Population
19,220
Households
2
Avg Household Size
27
Median Age
55%
College-Educated
93%
High-School Grad
12.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$42,275
Median Household Income
$24,042
Median Earnings
$942
Median Rent
$265,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story Class B office building with elevator, central air, and 43 on-site parking spaces.
Where is this office building located?
The property is located at 2000 Hampton Center Morgantown, WV.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 10,000 SF Class B two‑story professional office building built in 1986 with elevator access; ~5,000 SF floor plates and central air with interior finishes including carpeting and a kitchen area; Currently 50% occupied, providing in‑place income with remaining space available for lease‑up
