0 Wv-72 Hendricks, WV 26271

This exceptional value-add industrial investment opportunity presents a 90,000-square-foot warehouse situated on a 53-acre lot in Hendricks, West Virginia. Priced at $3,100,000, this single-tenant property boasts a strong net operating income (NOI) of $270,000, translating to an attractive 8.71% cap rate. The building, constructed in 1960, is in fair condition and features improvements tailored to heavy industrial use, including a full sprinkler system with an on-site tank. A significant advantage is the inclusion of 10 acres of dedicated outside storage/laydown yard, crucial for tenant operations. The property's strategic location in Hendricks provides easy access to West Virginia sawmills and other value-added woodworking plants, leveraging local byproducts for manufacturing. Furthermore, its proximity to WV Route 33, Interstate 79, and the forthcoming Corridor H ensures efficient distribution networks in all directions. The lease is a triple-net (NNN) agreement, eliminating landlord responsibilities. The property offers a 2.5% annual escalation clause, providing further investment security. This warehouse presents a compelling investment prospect for those seeking to capitalize on the robust industrial market in this strategically located area of West Virginia.