933 - 949 3rd Ave.

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933 - 949 3rd Ave.

Huntington, WV 25701
Asking Price
$11.61M
Cap Rate
8.57%
Asset Type
Shopping Center Mixed-use
Class
Class B

What's Special

$10MM in Renovation | Strong Tenant Mix of Law Office, Financial & Professional Services and Retail <ul><li>​Over $10MM Invested in Complete Class “A” Renovation Starting in 2010, Including New HVAC, Roofing, Wiring & Interior for Every Building</li></ul><p></p><ul><li>​Strong Tenant Mix of Law Office, Financial & Professional Services and Retail | Over 94% Occupied With a Weighted Average Lease Term of Over 4 Years</li></ul><p></p><ul><li>​Situated at a Signalized 4-Way Intersection with First Floor Retail in Main Downtown Corridor</li></ul><p></p><ul><li>​Supply-Constrained Corridor: Very Li

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NOI
$80,000
Cap Rate
0.69%
DSCR
0.12
Underwater
Cash-on-Cash
-17.49%
Monthly Payment
$57,439.945
Annual Cash Flow
$-609,279.344

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