868 National Rd, Wheeling, WV 26003
For Sale
This exceptional investment opportunity presents an 8,758 square foot auto shop located at 868 National Road, Wheeling, West Virginia, 26003. The property sits on a 0.33-acre lot with excellent visibility due to its National Road frontage and convenient access directly off Interstate 70. Currently operating under a Net Lease agreement with a national tenant, the lease expires November 30, 2028, providing a remaining term of approximately four years. The property boasts a strong Net Operating Income (NOI) of $73,926, resulting in an attractive 7.00% capitalization rate. The asking price is $1,055,000. This is an absolute NNN lease, minimizing landlord responsibilities. The high barriers to entry for similar developments in this location further enhance the investment's long-term value and stability. This is a rare opportunity to acquire a well-positioned, income-producing asset with a strong tenant and a desirable cap rate in a strategic location. The property's high visibility and convenient access to major transportation routes make it an ideal investment for discerning buyers seeking a stable, long-term return. This is a turnkey investment opportunity with minimal management requirements.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.