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Freestanding Shopping Center
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Pending

2957 5th Avenue, Huntington, WV 25702

Redeveloped retail center with national and local tenants under triple-net leases.

Property Size14,200 SF
Days on Market138

Property Features for 2957 5th Avenue

General Information

Standard status Pending
Size 14,200 SF
Property subtype Retail
Occupancy 96%

Building Details

Year Renovated 2008
Tenancy Multi
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 7:34PM

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 - Columbus

Investment Insights

Based on property information with market context.

The Shoppes at Huntington is a 14,200-square-foot freestanding shopping center redeveloped in 2008. The property is 96 percent occupied by three national and local tenants: Dollar Tree, Sun Tan City, and Happy Nails & Spa. Dollar Tree represents 63 percent of gross leasable area, while Sun Tan City and Happy Nails & Spa together account for 33 percent.

All three occupancies are structured as triple-net leases, with administrative and management fee reimbursements. Current lease terms extend through January 2024 for Dollar Tree, April 2024 for Sun Tan City, and August 2023 for Happy Nails & Spa.

The center fronts 5th Avenue in Huntington, West Virginia, just north of I-64. The interstate carries 40,000 vehicles per day and connects Huntington with Charleston, Beckley, and Lewisburg. The property is also positioned along a roadway connecting to Marshall University, which has enrollment of over 14,000 students and faculty.

Key Highlights

  • 14,200‑square‑foot freestanding shopping center redeveloped in 2008
  • 96 percent occupied by Dollar Tree, Sun Tan City, and Happy Nails & Spa
  • Dollar Tree represents 63 percent of gross leasable area

Property Analytics

Current Use

Sun Tan City Tanning Salon Dollar Tree Discount Store Happy Nail Spa Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Building Supply 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

96%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Dining 13% Beauty & Spa 5%
Dollar Tree Shops & Services
11,535 visits/mo 0.1 miles
Speedway Shops & Services
9,733 visits/mo 0.2 miles
Little Caesars Pizza Dining
7,038 visits/mo 0.1 miles
Family Dollar Shops & Services
6,948 visits/mo 0.2 miles
Dollar General Shops & Services
4,898 visits/mo 0.4 miles

Demographics for 25702, WV

7,223
Population
3,841
Households
1.9
Avg Household Size
41
Median Age
21%
College-Educated
82%
High-School Grad
10.9 sq mi
ZIP Area
663
Density / Sq Mi
$39,225
Median Household Income
$29,923
Median Earnings
$845
Median Rent
$79,900
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?
Shopping center - Redeveloped retail center with national and local tenants under triple-net leases.
Where is this shopping center located?
The property is located at 2957 5th Avenue Huntington, WV.
What are key features of this property?
This property features: 14,200‑square‑foot freestanding shopping center redeveloped in 2008; 96 percent occupied by Dollar Tree, Sun Tan City, and Happy Nails & Spa; Dollar Tree represents 63 percent of gross leasable area
(216) 264-2000 Call to check price and availability
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