1321 Edwin Miller Blvd Martinsburg, WV 25404-3703

This fee-simple retail property in Martinsburg, West Virginia, presents a compelling investment opportunity. The 3,047 square-foot building, constructed in 1987, sits on a 0.41-acre lot and is currently 100% occupied under a single-tenant, absolute NNN lease with a corporate tenant. The lease commenced October 8, 2021, and has a remaining term of approximately 11.9 years, expiring September 29, 2036. The lease includes annual rent bumps of 2.50%, providing a built-in hedge against inflation. The current annual net operating income (NOI) is $120,717, representing an 8.00% capitalization rate on the asking price of $1,508,966. The property features multiple drive-thrus and is conveniently located in a strong retail trade area with excellent access to a primary thoroughfare. The surrounding area boasts a dense and affluent demographic profile, with over 64,300 residents and an average household income exceeding $87,400 within a 5-mile radius. This investment offers a passive income stream with significant long-term growth potential. The property is located at 1321 Edwin Miller Blvd, Martinsburg, WV 25404. The building is a single-story structure.