Leased Retail Convenience
524 CAMPBELLS CREEK DR Charleston, WV 25306
524 CAMPBELLS CREEK DR, Charleston, WV, 25306
Contact for pricing
For Sale
Contact for pricing
Retail property with a recent lease renewal and a stated 5.75% cap rate, totaling 2,923 sq. ft.
Property Size2,923 SF
Price / SF$339.14
Days on Market84
Property Features for 524 CAMPBELLS CREEK DR
General Information
- Standard status
- Active
- Size
- 2,923 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing agency
Real Capital Investments
(469) 718-9188
Listed by
Dylan O'Hara · License #698264
Source
Crexi
Added: Apr 30 Updated: Jul 22 at 1:59PM Checked: Jul 22 at 1:59PM
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 Real Capital Investments
Investment Insights
Based on property information with market context.
This for-sale retail property was reported with a recent lease renewal and is described as a convenience-oriented retail asset. The offering is noted at a stated 5.75% cap rate and totals 2,923 square feet.
The property is located at 524 Campbells Creek Dr in Charleston, WV.
The available information focuses on the leased retail configuration and the cap rate/cost basis provided in the remarks. Additional details about unit layout, building features, or site improvements were not included with the listing information provided.
The property is located at 524 Campbells Creek Dr in Charleston, WV.
The available information focuses on the leased retail configuration and the cap rate/cost basis provided in the remarks. Additional details about unit layout, building features, or site improvements were not included with the listing information provided.
Key Highlights
- Retail property built in 1981
- Recent lease renewal
- Stated 5.75% cap rate
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $15.00 |
| − Vacancy | −$1.8k | −$0.63 |
| EGI | $42.0k | $14.37 |
| − OpEx | −$10.5k | −$3.59 |
| NOI | $31.5k | $10.78 |
2,923 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$450.0K
$393.8K – $525.1K
NOI $31,503 @ 7.0% cap · market cap 3.18%
Second Best
Retail
$403.2K
$352.8K – $470.4K
NOI $28,226 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$644.6K
$564.0K – $752.0K
NOI $45,122 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Speedway
Gas Station
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Retail property with a recent lease renewal and a stated 5.75% cap rate, totaling 2,923 sq. ft.
Where is this gas station located?
The property is located at 524 CAMPBELLS CREEK DR Charleston, WV.
What is the asking price?
The asking price for this property is $991,305.
What are key features of this property?
This property features: Retail property built in 1981; Recent lease renewal; Stated 5.75% cap rate
