For Auction

$258K of NOI | 14.18 Acre Industrial Site – 30 Door Cross Dock Terminal – 12k SF Warehouse

2201 and 2209 6th Ave,
Charleston, WV 25387Represented by
Friedman Real Estate

Asset Snapshot

Real Estate
Asset Type
Industrial
Property Type
Warehouse
Industrial Subtype
1992
Year Built
14.18 Acres
Land Area
33,172 SF
Property Size

Offering Summary

Investment Highlights

  • Located ±2.4miles north of access of I-64 via Montrose Drive, which provides convenient access to I-77 and the entire regional expressway system
  • Located ±6.8 miles west of the West Virginia International Yeager Airport
  • Within a three-mile radius, there are ±6.5MM SF of industrial properties that are currently ±95.1% occupied, indicating significant demand and limited supply for industrial space in the area
  • Subject has ±30 operational doors in the ±20,740 SF Truck Terminal Building
  • Subject has +/- 14 Bay Level Doors on the +/- 12,432 Warehouse Building
  • Large ±14.18 acre site provides ample space for parking, outdoor storage, and future expansion
  • The site has rail line access in the southern portion of the site
  • There is only one truck terminal currently listed for sale or lease within a 100-mile radius, indicating significant demand and limited supply
  • Opportunity for an owner user to acquire the cross-dock truck terminal or an investor to acquire and lease up


Property Overview 

The subject consists of two truck terminal buildings totaling approximately 33,172 square feet (SF) on a ±14.18 acre (AC) site along the southwest side of 6thAvenue in Charleston, West Virginia, approximately three (3) miles northwest of Downtown Charleston.  The subject is immediately surrounded by residential properties and industrial properties along the Kanawah River. 
 

Due Diligence

Transaction Manager

Abigail Tsay
Marketplace
(800) 915-7015atsay@realinsight.com

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Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 2474

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

info@rimarketplace.com800-915-7015

Sold

This auction has ended. Interested in additional investment opportunities?

Investment Sales Brokers

DD
Derek DeLaura
Friedman Real Estate
(248) 980-3300derek.delaura@freg.com
JG
Jason Green
SFR Realty, LLC
WV License: WVB230300951

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.