Property profile

I-68 E & Cheat Rd Morgantown, WV 26508

OFF-MARKET
Lifestyle centers
111,162 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers
Total area 111,162 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-68 E & Cheat Rd Morgantown, WV 26508
Morgantown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own I-68 E & Cheat Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message