For Sale
$775,000

705 Grn Bag Rd Morgantown, WV 26501

Prime Office Space, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This two-story, 3,020 square foot office building in Morgantown, West Virginia, presents a compelling owner-user or investment opportunity. Built in 2009, the property features twelve parking spaces and sits on a 0.06-acre lot. Currently configured as executive, medical, and traditional office space, it offers significant flexibility. The building enjoys a prominent location with high daily traffic counts on Greenbag Road, and is conveniently situated near I-68, Exit 4, and downtown Morgantown, including West Virginia University's main campus. Numerous national retailers are within close proximity, enhancing the property's appeal and accessibility. A fifteen-year leaseback agreement with an existing tenant provides immediate and long-term income stability, complemented by annual escalations. This turnkey investment offers a blend of convenience, strong location, and secure financial returns. The property is located outside the city limits of Morgantown, in Monongalia County, West Virginia, zip code 26501. The asking price is $775,000.

Highlights

  • 15-year NNN lease with annual escalations.
  • Close proximity to numerous amenities.
  • Fully leased.
  • Large (12-space) off-street parking lot.

Property Details for 705 Grn Bag Rd

Property type
Office properties, Medical offices
Square Feet
3,020 SF
Year Built
2009
Buildings
1
Stories
2
Lot Size (sq. ft)
2,614 SF
Units
1

Location Insight

City
Morgantown
County
Monongalia
State
West Virginia
Latitude
39.610141814899
Longitude
-79.940677071979

FAQs

What type of property is this?
Office property - Prime Office Space, Excellent Location
Where is the office property located?
The property is located at 705 Grn Bag Rd Morgantown, WV.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 15-year NNN lease with annual escalations.; Close proximity to numerous amenities.; Fully leased.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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705 Grn Bag Rd
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