528 Fairmont Ave, Fairmont, WV 26554-5102

This exceptional investment opportunity presents a 4,200 square foot freestanding retail building located at 528 Fairmont Ave, Fairmont, WV 26554. The property boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $15,301. Currently leased to PPG Paints, a Fortune 500 company and global leader in paints and coatings, under a Net Net lease expiring January 30, 2029 (4.5 years remaining). The asking price is $255,017, translating to $60.72 per square foot. This single-tenant property benefits from a highly visible location on Fairmont Ave, with over 15,000 vehicles passing daily. The site enjoys excellent demographics, situated within a 3-mile radius of a population exceeding 27,600 residents. Its proximity to Fairmont State University and Fairmont Medical Center further enhances its appeal. The current rent of $3.78 per square foot is significantly below market value, presenting a potential for substantial rent increases upon lease renewal, as the tenant has no remaining options. The 0.16-acre lot provides ample space for this established business. This is a rare opportunity to acquire a stable, high-performing retail investment in a desirable location.