Listing Agency: Matthews

Listed By: Kyle Matthews, CCIM · License #20170883

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:42AM

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Investment Insights

Based on property information with market context.

This retail investment property is offered for sale, with a listed 5.85% cap rate. The offering is sized at 8,320 SF.

The property is located at 609 Division St in Parkersburg, West Virginia (26101).

Key Highlights

• Retail investment offered for sale
• Listed 5.85% cap rate
• 8,320 SF retail space

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Garden Center 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.

Location Intelligence

Trade Area within ½ mile

340

Businesses Nearby

172k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 51% Shops & Services 34% Groceries 15%

McDonald's Dining

28,768 visits/mo 0.2 miles

Kroger Groceries

26,082 visits/mo 0.2 miles

Speedway Shops & Services

24,168 visits/mo 0.3 miles

Burger King Dining

23,531 visits/mo 0.2 miles

Dunkin' Donuts Dining

11,518 visits/mo 0.2 miles

Demographics for 26101, WV

28,337

Population

14,134

Households

2

Avg Household Size

41

Median Age

16%

College-Educated

84%

High-School Grad

30.8 sq mi

ZIP Area

920

Density / Sq Mi

$45,556

Median Household Income

$31,511

Median Earnings

$759

Median Rent

$107,300

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail investment offered for sale with a listed 5.85% cap rate and 8,320 SF.

Where is this retail space located?

The property is located at 609 Division St Parkersburg, WV.

What are key features of this property?

This property features: Retail investment offered for sale; Listed 5.85% cap rate; 8,320 SF retail space