Listing Agency: Matthews

Listed By: Brayden Conner · License #RE-17559 Show Phone

Source: Crexi

Added: Sep 9 Changed: Sep 13 Last Checked: Sep 13 at 6:12AM

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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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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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