Listing Agency: Matthews

Listed By: Brayden Conner · License #EC.100099522 | ER.100106933 Show Phone

Source: Crexi

Added: Sep 9 Changed: Oct 28 Last Checked: Oct 28 at 4:36AM

Report an Issue

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 Matthews

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This commercial property is offered for sale through a Cracker Barrel ground lease structured on an NNN basis. The stated cap rate is 6%. The asset is located at 2000 University Town Centre Drive in Morgantown, West Virginia, within the 26501 ZIP code. The property is classified as an NNN property and is associated with the restaurant use identified in the offering.

Key Highlights

• Cracker Barrel ground lease
• NNN lease structure
• 6% cap rate

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom Garden Center Florist

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

Location Intelligence

Trade Area within ½ mile

678

Businesses Nearby

Explore this area Business Placement

Demographics for 26501, WV

19,200

Population

9,541

Households

2

Avg Household Size

38

Median Age

45%

College-Educated

94%

High-School Grad

58.5 sq mi

ZIP Area

328

Density / Sq Mi

$62,173

Median Household Income

$34,949

Median Earnings

$914

Median Rent

$213,000

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

Similar For Sale Nearby

See more

Multi-Building Flex Industrial Site

951 Point Marion Rd, Morgantown, WV 26508

$2,200,000

41,600 SF

View details

Vineyard with Winery and Distillery

2811 Stewartstown Road, Morgantown, WV 26508

$2,000,000

View details

Mixed-Use Property with Storefronts

318 High Street, Morgantown, WV 26505

$1,409,999

View details

11-Unit Updated Apartment Building

484 Inglewood Boulevard, Morgantown, WV 26505

$1,310,000

View details

Six-Unit Apartment Building

320 Watts Street, Morgantown, WV 26501

$699,000

4,800 SF

View details

5-Unit Apartment Building

385 Kensington Avenue, Morgantown, WV 26505

$625,000

3,865 SF

View details

4-Unit Quadplex

409 Mclane Ave, Morgantown, WV 26505

$449,000

4,608 SF

View details

5-Unit Apartment Building

1411 N Willey Street, Morgantown, WV 26505

$399,999

View details

Flex Space with Drive-In Bay

686 Fairmont Rd, Morgantown, WV 26501

$395,000

3,405 SF

View details

Fully Rented Multifamily Property

221 Beechurst Avenue, Morgantown, WV 26505

$383,000

View details

Renovated Multifamily Property Near WVU

289 Wiles Street, Morgantown, WV 26505

$325,000

1,860 SF

View details

8-Unit Apartment Building

676 Willey Street, Morgantown, WV 26505

$299,000

6,287 SF

View details

Frequently Asked Questions

What type of property is this?

NNN property - The offering features a Cracker Barrel ground lease with NNN terms.

Where is this nnn property located?

The property is located at 2000 University Town Centre Drive Morgantown, WV.

What is the asking price?

The asking price for this property is $3,132,400.

What are key features of this property?

This property features: Cracker Barrel ground lease; NNN lease structure; 6% cap rate