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I-68 E & Cheat RdMorgantown, WV 26508

High-traffic shopping center, space available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • Stabilized grocery-anchored regional shopping center.
  • Dominant retail destination east of downtown Morgantown.
  • Three miles from West Virginia University and downtown Morgantown.
  • Proximity to WVU's Morgantown campus with 26,839 students (2019 enrollment).

Property Details for I-68 E & Cheat Rd

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
111,162 SF

Unit(s) available at that property

Space
Suite 13 (Hair Salon Ready)
Size
1,725 SF

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.6325538
Longitude
-79.900067
I-68 E & Cheat Rd, Morgantown, West Virginia

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Contacts

Raymond Hicks
Raymond Hicks
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I-68 E & Cheat Rd, Morgantown, West Virginia, 26508

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

I-68 E & Cheat Rd
  • Raymond Hicks
    Raymond Hicks
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