Sportsman’s Warehouse

5200 Gateway Dr, Morgantown, WV 26501

Highlights

  • 3.25 Years Remaining on a Double-Net Lease (NN) - 4 x 5-Year Options Remaining with 10% Increases in Options
  • Corporate Lease with Sportsman's Warehouse, a National Sporting Good Brand Operating Over 140 Locations in 31 States. Sportsman's Common Stock is Traded on the NASDAQ: SPWH and has T12 Sales of 1.31 B
  • Across from West Virginia's 2nd Most Visited Shopping Center, University Town Center. Anchored by Target, Walmart, Sam's Club, and TJ Maxx, 8.1 Million People Visited in the last Twelve Months
  • University Town Center Serves a Massive True Trade Area of 241 SqMi (70% of Traffic). The True Trade Area Encompasses a Population of 209,322 which is Approximately Seven Times the Size of Morgantown, WV.
  • Highway Exit Location of I-79 & Chaplin Rd seeing 81,500 VPD, making it one of the busiest intersections in Morgantown, WV
  • Morgantown, WV is home to West Virginia University which currently enrolls 27,300+ students and employs over 7,000 people. The University is the city’s largest employer
  • Price: $6,265,000
  • Lot Size: 3.48 AC
  • Cap Rate: 8.00%
  • Lease Type: Double-Net (NN)
  • Year Built: 2017
  • Building SF: 30,381 SF
  • Status: Active
  • Guarantor: Corporate Guarantee - Sportsman's Warehouse

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