I-68 E & Cheat Rd Morgantown, WV 26508
- Lifestyle centers
- 111,162 SF
Current Use by Public Records
- Lifestyle centers
Property Details for I-68 E & Cheat Rd
- Property size
- 111,162 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Pierpont Centre, located at I-68 E & Cheat Road in Morgantown, West Virginia (zip code 26508), presents a prime retail investment opportunity. This multi-tenant shopping center boasts a total of 111,162 square feet, with 6,845 square feet currently vacant. The available space totals 1,725 square feet, ideal for a variety of retail uses. The property enjoys a highly desirable location, just three miles from West Virginia University and downtown Morgantown, ensuring consistent high foot traffic. Anchored by well-known national retailers such as Five Below, Michaels, Hallmark, and Dollar Tree, Pierpont Centre benefits from established brand recognition and a strong customer base. The center's average customer visit frequency is an impressive 4.67, indicating significant consumer loyalty and repeat business. Ample parking is available with 797 spaces to accommodate shoppers and employees. Located in Monongalia County, this property offers excellent visibility and accessibility from I-68 E. This is a rare opportunity to acquire a stake in a thriving retail center in a dynamic and growing market. The property's strong tenant mix, high foot traffic, and convenient location make it an attractive investment for both seasoned and emerging investors seeking a stable and profitable retail asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.9001
- Latitude
- 39.6326