25.04.2019 Views

1369 Stewartstown Road Marketing Flyer

Located along the bustling Stewartstown Road, this office building offers a total of 10,143 (+/-) square feet of gross building area across two floors. The grand entrance gives the building an upscale feel with high ceilings, a large chandler and lots of natural light. Each floor has an abundance private offices. The property is available for sale or lease.

Located along the bustling Stewartstown Road, this office building offers a total of 10,143 (+/-) square feet of gross building area across two floors. The grand entrance gives the building an upscale feel with high ceilings, a large chandler and lots of natural light. Each floor has an abundance private offices. The property is available for sale or lease.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

FOR SALE / LEASE

OFFICE BUILDING

MARKETING FLYER

1369 STEWARTSTOWN ROAD

MORGANTOWN, WV 26505


DOWNTOWN MORGANTOWN

WEST VIRGINIA UNIVERSITY

SUNCREST TOWNE CENRE

SHOPPING, RETAIL AND MORE

ROUTE 705

VAN VOORHIS ROAD

HAMPTON CENTER

7000 HAMPTON CENTER DRIVE

BON VISTA VILLAS

APARTMENT BUILDINGS

1369 STEWARTSTOWN ROAD

YOUR NEW LOCATION

GLENMARK HOLDING

1399 STEWARTSTOWN ROAD


TABLE OF CONTENTS

Property Overview / Specifications

Introduction of property and specifications of the building, utilities, parking and access.

Location Analysis / Aerial

Detailed description and aerial photo of the location and its proximity to

surrounding businesses.

Demographics / Key Facts

Demographics and key facts pertaining to the property within a three, five and

ten mile radius.

Statistics and Growth Projections

Morgantown, WV population, employment, income, and reasons

to be proud of the location.

Floor Plans

Descriptions and floor plans of the building.

Interior Photos

Interior photos of the upper and lower levels.

Exterior Plans

Exterior photos of the building.

Aerial Photos

Aerial photos of the property from various heights and angles.

02

04

06

08

10

12

16

18


304.413.4350

BlackDiamondRealty.net

David Lorenze, Principal

dlorenze@blackdiamondrealty.net

M. 304.685.3092

FOR SALE / LEASE

OFFICE BUILDING

1369 STEWARTSTOWN ROAD

MORGANTOWN, WV 26505

SALE PRICE / $799,000

RENTAL RATE / $9.95 / SQ FT / YEAR

LEASE STRUCTURE / NNN

PARCEL SIZE / 1.1 ACRES

BUILDING CLASS / B

PROPERTY TYPE / OFFICE BUILDING

CITY LIMITS / OUTSIDE

PROPERTY FEATURES / LARGE OFF STREET

PARKING LOT, GRAND ENTRANCE, PRIVATE

OFFICES, CLOSE TO MANY AMENITIES

Located along the bustling Stewartstown Road, this office building

offers a total of 10,143 (+/-) square feet of gross building area across

two floors. The grand entrance gives the building an upscale feel with

high ceilings, a large chandler and lots of natural light. Each floor has an

abundance private offices. The property is available for sale or lease.

The property is located just outside the city limits of Morgantown and is situated

conveniently to many amenities including the Suncrest Towne Centre, Downtown

Morgantown, Interstate 79, Hospitals, restaurants, shopping and more. The property

is positioned 0.4 mile from Route 705, 2.2 miles to I-68, Exit 7, and 2.3 miles to

downtown Morgantown and West Virginia University. Along Route 705, there is a

daily traffic count of 28,178 vehicles per day (WVDOH, 2014). Along Stewartstown

Road, there is a daily traffic count of 3,597 vehicles per day (WVDOH, 2014).

02 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

PROPERTY SPECIFICATIONS

SPECIFICATIONS

The subject property is improved with a two story masonry

structure comprised of 10,143 (+/-) square feet. The building

was originally built in the early 1980’s and later renovated in

1988. The building exterior is textured painted masonry and

brick, roofing is asphalt or fiberglass shingles, and the windows

are sealed double pane. Heating and air conditioning are

forced air systems.

LEGAL DESCRIPTION / ZONING

Located outside of City Limits, this property is situated within

the Morgan District (8) of Monongalia County. The site consists

of two irregular shaped parcels totaling 1.1 acres. The

property is identified as Morgan District, Map 4, Parcels 42.1

(0.6 acres). This can be referenced in Deed Book 1510, Page

553. The additional 0.5 acres included in the property are

located southwest and include part of Glenmark Ave. See the

parcel map on page 4 for details.

PARKING / ACCESS

This property offers one point of access via Stewartstown

Road. Access to the parking lot can be achieved by turning

west off of Stewartstown Road onto Glenmark Ave (no outlet).

The parking lot is located on the right had side of Glenmark

Ave, just past the back of the building. This private parking

lot offers roughly 27 lined parking spaces via paved lot.

Additionally, there are approximately five executive parking

spaces located at the front of the building/main entrance.

UTILITIES

This site offers all public utilities, which include the following:

UTILITY

PROVIDER

Electric

Natural Gas

Water

Sewer

Trash

Cable/Internet

Mon Power

Dominion Energy

Morgantown Utility Board (MUB)

Morgantown Utility Board (MUB)

Republic

Frontier

Existing Building Signage Along Stewartstown Road.

304.413. 4350

03


LOCATION ANALYSIS

Monongalia County lies in north central West Virginia with

Morgantown as the county seat and home of West Virginia

University. The Morgantown MSA regularly ranks a variety of

lists pointing to the area’s accomplishments in terms of growth,

business development, workforce cultivation and more.

Morgantown’s prominence in both of the recession-resistant

sectors of higher education and health care employment is

one reason for the stability in the area. The WVU Bureau of

Business and Economic Research calls for “continued healthy

growth” well into the future.

Monongalia County has a total population of 103,960 and a

median household income of $55,376. Total number of

businesses is 3,881.

The City of Morgantown has a total population of 31,050

and a median household income of $37,549. Total number

of businesses is 1,460.

Monongalia County, WV

Morgantown City Limits

Subject Location

Data/map provided by Esri, Esri and Bureau of Labor Statistics, Esri and Data Axle, 2021.

SUBJECT PROPERTY PARCEL MAP

Distance to nearby cities: Fairmont, WV - 24 miles,

Uniontown, PA - 24 miles, Bridgeport, WV - 39 miles,

Clarksburg, WV - 42 miles, Washington, PA - 48 miles,

Pittsburgh, PA - 76 miles, Charleston, WV - 170 miles.

04 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

AERIAL PHOTO

AERIAL PHOTOS

The aerial above was taken facing

southeast. Several of the most popular

surrounding locations have been

highlighted. Referenced with a yellow

star, 1369 Stewartstown Road is located

just 0.4 mile to Route 705.

Along Van Voorhis Road (Route 705)

there is a daily traffic count of 28,178

vehicles per day (WVDOH, 2014).

Sabraton

Pierpont Centre

Morgantown Airport

Suncrest Towne Centre:

Kroger, First United Bank,

Roosters, Buffalo Wild

Wings, McDonalds, PetValu,

WVU Urgent Care, Primanti

Brothers, Kroger Fuel

Suncrest Village

Mon Health Wedgewood

Mon Health Medical Center

White Birch Towers

Holiday Inn/Atria’s

CVS

Walgreens

Sheetz

Mylan Pharmaceuticals Inc

Office Depot

Dunkin’ Donuts

Euro-Suites

Encompass Health

Rehabilitation Hospital

of Morgantown

Health Sciences Campus

Ruby Memorial Hospital

Milan Puskar Stadium

Medical Center PRT

Marquis Center

Suncrest Center

Applebee’s

WVU Police Department

Alumni Center

University Park

Burrough’s Place

Suncrest Area

Suncrest Middle School

Kroger

Student Recreation Center

Evansdale Towers

WVU Residence Hall

Downtown WVU

304.413. 4350

05


DEMOGRAPHICS / KEY FACTS

3 MILE RADIUS

57,120

Total

Population

2,487 69,474 $226,347

Businesses

Daytime

Population

Median Home

Value

$32,567 $44,452 0.6% 25.7

Per Capita

Income

Median Household

Income

2010-2020

Pop Growth Rate

Median Age

$2,500

$2,000

$1,500

$1,000

$500

$0

KEY SPENDING FACTS

$2,587

$1,923

$1,815

$802

$532

Travel Transportation Apparel Entertainment Furniture

06 1369 STEWARTSTOWN ROAD


These infographics contain data provided by Esri, Esri and Bureau of Labor Statistics Esri and Data Axle.

The vintage of the data is 2021, 2026. Spending facts are average annual dollar per household.

5 MILE RADIUS

78,587

Total

Population

3,438

Businesses

92,358

Daytime

Population

$229,103

Median Home

Value

$35,508

Per Capita

Income

$51,614

Median

Household

Income

0.6%

2010-2020

Pop Growth

Rate

28.7

Median Age

$3,000

$2,000

KEY SPENDING FACTS

$2,158

$1,972

$2,875

$1,000

$892

$585

$0

Travel

Transportation

Apparel

Entertainment

Furniture

10 MILE RADIUS

104,627

Total

Population

3,936

Businesses

114,265

Daytime

Population

$218,702

Median Home

Value

$35,311

Per Capita

Income

$54,704

Median

Household

Income

0.6%

2010-2020

Pop Growth

Rate

31.9

Median Age

$3,000

$2,000

KEY SPENDING FACTS

$2,161

$1,970

$2,971

$1,000

$881

$591

$0

Travel

Transportation

Apparel

Entertainment

Furniture

304.413. 4350

07


MORGANTOWN,

WEST VIRGINIA

Morgantown, WV excelled during The Great Recession primarily due to its strong

economic job base focused on recession-resistant employment opportunities in the

education, healthcare, and government sectors. Morgantown has received national

recognition for its high quality of life and economic stability. Morgantown has been

featured nationally in various media outlets over the past decade for its strong economy.

08 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

STATISTICS AND GROWTH PROJECTIONS

9.8%

POPULATION INCREASE

Monongalia County has seen a 9.8% population increase between 2010 (96,184)

and 2019 (105,612) (Census.gov, 2019).

47,192

TOTAL PEOPLE EMPLOYED

In 2019, Monongalia County employed 47,192 people via 2,340

establishments (Census.gov, 2019).

WVU R1

INSTITUTION

West Virginia University maintains its R1 ranking – very high research activity rank

among the nation’s elite research institutions as reflected in the Carnegie Classification

of Institutions of Higher Education.

$55,940

MEDIAN HOUSEHOLD INCOME

In 2019, Monongalia County had a median household income of

$55,940, ~80% of the average of Unites States ($65,712) and 20%

higher than West Virginia ($48,850) (Censusreporter.org, 2019).

293.3

PEOPLE PER SQ MILE

In 2019, Monongalia County had 293.3 people per square mile which is 74.6%

higher than West Virginia and 32.6% higher than Kanawah County (Charleston, WV)

(Censusreporter.org, 2019).

304.413. 4350

09


FLOOR PLANS

UPPER FLOOR - 5,071 SQUARE FEET

The upper floor of this building (main level) offers roughly

5,071 (+/-) square feet. The existing layout offers one entrance

located at the front of the building via the lobby area. An open

staircase leading to this level is located immediately to the left

when you enter the lobby. There is a secondary entrance/exit

located at the back of the building by the parking lot. The

floor plan consists of an open lobby area with high ceilings,

reception area, 11 offices, large conference room, kitchenette,

three closet/storage areas, and two restrooms.

Finishes to the space include drywall walls, a combination of

drywall and drop ceilings, chair rails throughout some of the

offices, a combination of tile and carpet flooring, and a mix of

recessed and fluorescent lighting. All of the regular sized

windows have blinds.

CL - Closet

RR - Restroom

10 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

LOWER FLOOR - 5,071 SQUARE FEET

The lower floor of this building offers roughly 5,071 (+/-)

square feet. The existing layout offers one entrance located

at the front of the building via the lobby area. A staircase

leading to this level is located immediately to the right

when you enter the lobby. There is a secondary entrance/

exit located at the back of the building by the parking lot.

The floor plan consists of an open lobby area with high

ceilings, 13 offices, a large conference room, two storage

rooms, and two restrooms.

Finishes to the space include drywall walls, drop ceilings, a

combination of vinyl tile and carpet flooring, and fluorescent

lighting. All of the windows have blinds.

CL - Closet

RR - Restroom

304.413. 4350

11


UPPER LEVEL PHOTOS

Lobby/Reception.

Lobby/Reception.

Conference Room.

12 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

Office.

Office.

Hallway.

Office.

304.413. 4350

13


LOWER LEVEL PHOTOS

Office/Conference Room.

Hallway.

Office.

14

1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

Office.

Kitchen/Break Room

Office.

304.413. 4350

15


EXTERIOR PHOTOS

Front of Building.

Back of Building.

16 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

Back Side of Building.

Parking Lot.

304.413. 4350

17


AERIAL PHOTOS

Aerial View of the Property Facing West.

18 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

Aerial View of the Property Facing Southeast.

Aerial View of the Property Facing North.

Aerial View of the Property Facing South.

304.413. 4350

19


AERIAL PHOTOS

*Boundaries are approximate.

Aerial View From Above.

Aerial View Facing West.

Aerial View Facing East.

20 1369 STEWARTSTOWN ROAD


FOR SALE / LEASE

OFFICE BUILDING - LOCATED 2.2 MILES FROM I-68, EXIT 7

1369 STEWARTSTOWN ROAD · MORGANTOWN, WV 26505 · 10,143 SQ FT BUILDING · 1.1 ACRES

Aerial View Facing West.

304.413. 4350

21


CONTACT

BLACK DIAMOND REALTY LLC

1399 Stewartstown Road, Suite 150

Morgantown, WV 26505

P. 304.413.4350 | F. 304.599.3285

BlackDiamondRealty.net

PRIMARY CONTACT

David Lorenze, Principal

M. 304.685.3092

dlorenze@blackdiamondrealty.net

* All information is believed to be accurate but not guaranteed. More information is available upon request.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!