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56 Distributor Drive - Marketing Flyer

Black Diamond Realty is pleased to present 56 Distributor Drive, an industrial warehouse/office building comprised of 28,450 (+/-) square feet on 4.08 (+/-) acres. The building is equipped with five overhead doors (access on all sides of the building), full drive-through capability, two loading docks, security and sprinkler systems, signage opportunities and more. The property is located outside the city limits of Morgantown roughly 2.4 miles from I-68, Exit 1 and 2.8 miles to downtown Morgantown and West Virginia University’s main campus.

Black Diamond Realty is pleased to present 56 Distributor Drive, an industrial warehouse/office building comprised of 28,450 (+/-) square feet on 4.08 (+/-) acres. The building is equipped with five overhead doors (access on all sides of the building), full drive-through capability, two loading docks, security and sprinkler systems, signage opportunities and more. The property is located outside the city limits of Morgantown roughly 2.4 miles from I-68, Exit 1 and 2.8 miles to downtown Morgantown and West Virginia University’s main campus.

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MARKETING FLYER<br />

<strong>56</strong> DISTRIBUTOR DRIVE<br />

MORGANTOWN, WV 26501<br />

INDUSTRIAL WAREHOUSE / OFFICE BUILDING


MORGANTOWN INDUSTRIAL PARK<br />

MOUNTAINEER MALL<br />

<strong>56</strong> DISTRIBUTOR DRIVE<br />

SUBJECT PROPERTY<br />

GREENBAG ROAD<br />

<strong>56</strong> DISTRIBUTOR DRIVE<br />

MORGANTOWN, WV 26501


TABLE OF CONTENTS<br />

Investment Overview / Video<br />

Introduction of the property including building specifications, utilities,<br />

legal description, zoning, and parcel map.<br />

Building Floor Plan / Photos<br />

Floor plan and interior photos of the office and warehouse spaces.<br />

Location Overview<br />

Major local employers and a detailed description/aerial photo of the<br />

property and its proximity to surrounding area of interest.<br />

Demand <strong>Drive</strong>rs<br />

West Virginia University and the surrounding location.<br />

Demographics<br />

3, 5 and 10 mile radius demographics.<br />

Exterior Photos<br />

Exterior photos of the property from different angles.<br />

Aerial Photos<br />

Aerial photos of the property from different heights and angles.<br />

02<br />

06<br />

12<br />

14<br />

16<br />

18<br />

20


PROPERTY OVERVIEW<br />

<strong>56</strong> DISTRIBUTOR DRIVE<br />

MORGANTOWN, WV 26501<br />

LEASE RATE / $13.00 SQ FT / YEAR<br />

LEASE STRUCTURE / NNN<br />

GROSS BUILDING SIZE / 28,450 SQ FT<br />

GROSS LOT SIZE / 4.08 ACRE<br />

WAREHOUSE CEILING HEIGHT / 25 FEET<br />

Black Diamond Realty is pleased to present <strong>56</strong> <strong>Distributor</strong> <strong>Drive</strong>,<br />

an industrial warehouse/office building comprised of 28,450<br />

(+/-) square feet on 4.08 (+/-) acres. The building is equipped<br />

with five overhead doors (access on all sides of the building),<br />

full drive-through capability, two loading docks, security and<br />

sprinkler systems, signage opportunities and more.<br />

The property is located outside the city limits of Morgantown roughly 2.4<br />

miles from I-68, Exit 1 and 2.8 miles to downtown Morgantown and West<br />

Virginia University’s main campus.<br />

02<br />

<strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


SCAN TO<br />

VIEW VIDEO<br />

BLACK DIAMOND REALTY<br />

03


BUILDING SPECIFICATIONS<br />

Built in 1998 and renovated between 2008 and 2013, the subject warehouse/<br />

office building is comprised of 28,450 (+/-) square feet. This free-span building<br />

is divided into approximately 24,900 (+/-) square feet of industrial/warehouse<br />

space and 3,325 (+/-) square feet of office space. The warehouse space offers<br />

a large permanent conveyor belt, four overhead doors (14’ x 14’) with full<br />

drive-through capability, one rising dock door (10’ x 9’) and two loading docks<br />

(12’ x 10’ and 10’ x 19’). The overhead doors are all equipped with an automatic<br />

opening function as trucks drive up. Within the warehouse, there is a separate<br />

fenced in maintenance/mechanic area within the garage that will transfer with<br />

a lift. The warehouse floor has drains which is power washed daily to keep the<br />

space in pristine condition.<br />

The office space includes a reception area with new automatic front doors, five<br />

offices, locker room, batch area, data room, open area for cubicles, separate<br />

men’s and women’s bathrooms with showers and a kitchenette.<br />

The building exterior is a combination on cinder block and metal and the roof<br />

is PVC. The building is equipped with a working security system and sprinkler<br />

system. Security badge entry/exit system is in place throughout the facility.<br />

UTILITIES<br />

All public utilities are available to the site. Electric is three-phase.<br />

UTILITY<br />

Electric<br />

Natural Gas<br />

Water<br />

Sewer<br />

Trash<br />

Cable/Internet<br />

PROVIDER<br />

Mon Power<br />

Hope Gas<br />

Morgantown Utility Board (MUB)<br />

Morgantown Utility Board (MUB)<br />

Waste Management<br />

Comcast<br />

LEGAL DESCRIPTION / ZONING<br />

Located outside of city limits, this property is situated within the Morgan<br />

District (8) of Monongalia County. The site is comprised of one (1) irregular<br />

shaped parcel of land totaling 4.08 acres. The property is identified as<br />

Morgan District, Tax Map 10, Parcel 2.3. This can be referenced in Deed<br />

Book 1158, Page 303. The property is not restricted by zoning regulations.<br />

PARCEL MAP<br />

INGRESS / EGRESS / PARKING<br />

The subject property is located just off of Greenbag Road, 2.4 miles from I-68,<br />

Exit 1. The property can be accessed by turning west off of <strong>Distributor</strong> <strong>Drive</strong><br />

into the parking lot. A large paved parking lot with 47 lined spaces is available<br />

for customers and employees along the east side of the building. The parking<br />

lot is designed for easy manoeuvrability of large trucks in and out of the<br />

building and parking lot.<br />

04<br />

<strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


OVERHEAD DOOR<br />

OVERHEAD DOOR<br />

LOADING DOCK<br />

WAREHOUSE<br />

RISING DOCK DOOR<br />

LOADING DOCK<br />

OVERHEAD DOOR<br />

OVERHEAD<br />

DOOR<br />

OFFICE<br />

PARKING LOT<br />

ENTRANCE<br />

DISTRIBUTOR DRIVE


14’ X 14’<br />

OVERHEAD<br />

DOOR<br />

MECHANICAL<br />

AREA<br />

14’ X 14’<br />

OVERHEAD DOOR<br />

EXIT<br />

CONVEYOR BELT<br />

12’ X 10’<br />

RISING DOCK<br />

10’ X 9’<br />

RISING DOCK<br />

DOOR<br />

EXIT<br />

10’ X 19’<br />

LOADING DOCK<br />

EXIT<br />

14’ X 14’<br />

OVERHEAD DOOR<br />

14’ X 14’<br />

OVERHEAD<br />

DOOR<br />

EXIT<br />

BATCH<br />

AREA<br />

WINDOW<br />

DATA<br />

ROOM<br />

MEN’S<br />

RESTROOM /<br />

SHOWERS<br />

CUBICLES<br />

WOMEN’S<br />

RESTROOM /<br />

SHOWERS<br />

EXIT<br />

OFFICE<br />

ENTRANCE<br />

OFFICE<br />

OFFICE<br />

OFFICE<br />

CONF.<br />

ROOM<br />

OFFICE<br />

OFFICE<br />

06<br />

<strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


Office Area Main Entrance.<br />

Office Area Main Entrance.<br />

Open Office Area.<br />

Private Office.<br />

07


Private Office.<br />

File Room.<br />

Break Room/Kitchen.<br />

Package Holding Room.<br />

08<br />

<strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


Open Warehouse Area.<br />

09


Open Warehouse Area.<br />

Open Warehouse Area/Conveyor Belt.<br />

Open Warehouse Area.<br />

Secure Storage.<br />

10<br />

<strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


Access to Office Space.<br />

Overhead Door.<br />

Overhead Door.<br />

Loading Docks.<br />

11


LOCATION OVERVIEW<br />

MONONGALIA COUNTY<br />

Monongalia County lies in north central West Virginia with Morgantown<br />

as the county seat and home of West Virginia University. The Morgantown<br />

MSA regularly ranks a variety of lists pointing to the area’s accomplishments<br />

in terms of growth, business development, workforce cultivation and more.<br />

Morgantown’s prominence in both of the recession-resistant sectors of<br />

higher education and health care employment is one reason for the stability<br />

in the area. The WVU Bureau of Business and Economic Research calls for<br />

“continued healthy growth” well into the future.<br />

Monongalia County has a total population of 107,119 and a median<br />

household income of $60,206. Total number of businesses is 3,895.<br />

The City of Morgantown has a total population of 30,260 and a median<br />

household income of $39,368. Total number of businesses is 1,444.<br />

Data/maps provided by Esri, Esri and Bureau of Labor Statistics, Esri and Data Axle, 2023.<br />

DRIVE TIME<br />

Distance to nearby cities: Fairmont, WV - 20 miles, Uniontown, PA - 28<br />

miles, Bridgeport, WV - 35 miles, Washington, PA - 47 miles, Pittsburgh,<br />

PA - 70 miles, Wheeling, WV - 86 miles, Charleston, WV - 1<strong>56</strong> miles.<br />

Monongalia County, WV<br />

Morgantown City Limits<br />

Subject Location<br />

12<br />

<strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


The aerial above highlights several of the most<br />

popular surrounding retail, restaurants and<br />

businesses. The subject property at <strong>56</strong> <strong>Distributor</strong><br />

<strong>Drive</strong> has been referenced with a yellow star and<br />

located 2.4 miles from I-68, Exit 1.<br />

A W Dance Company<br />

Blue Ridge Beverages<br />

Lemac Mine Services<br />

Wilson Works<br />

Energy Environmental Analytics<br />

Morgantown Utility Board<br />

Federal Correctional Institution<br />

Mountaineer Mall<br />

United States Postal Service<br />

Walmart Supercenter<br />

Gabe’s Corporate Headquarters,<br />

Tractor Supply Co., Koval Buildy<br />

Supply, Legal Aid of West Virginia<br />

Morgantown Industrial Park<br />

Giant Eagle Supermarket<br />

Goodyear Auto Service, Carpet One<br />

Floor and Home, NAPA Auto Parts<br />

Monongalia County Technical<br />

Education Center<br />

Champion Training Academy<br />

FD Kitchen and Bath<br />

Family Dollar<br />

Mountainview Elementary School<br />

13


DEMAND DRIVERS<br />

WVU Main Campus - Morgantown, WV<br />

West Virginia University is a family of distinctive campuses united by a single mission. From the groundbreaking<br />

research of the flagship in Morgantown to the liberal arts hub of WVU Potomac State in Keyser to the<br />

technology-intensive programs at WVU Tech in Beckley — they are leveraging their talents and resources<br />

to create a better future for West Virginia and the world. WVU is ranked as a Research University (Highest<br />

2<br />

Research Activity) – R1 – in the 2015 Carnegie Classification of Institutions of Higher Education.<br />

The WVU Morgantown campuses are located in a town named “No. 1 Small City in America” by BizJournals.<br />

com for its exceptional quality of life. Morgantown, population 30,855, was also rated the ninth best college<br />

town in America by Business Insider and is within easy traveling distance of Washington, D.C., to the east,<br />

Pittsburgh, Pa., to the north, and Cleveland and Columbus, Ohio, to the northwest. Other rankings: Kiplinger.com<br />

included Morgantown in their 10 great places to live list; one of “Best Sports Cities” by Sporting News; 5th<br />

“Best Small Metro” by Forbes; 12th overall “Hottest Small City” by Inc.; one of “50 Smartest Places to<br />

2<br />

Live” by Kiplinger’s; and the second-ranking “Best College Town for Jobs” by Forbes.<br />

Students at the Morgantown campus come from 115 nations, all 50 U.S. states (plus D.C.) and all 55 West<br />

Virginia counties; 11,472 are West Virginia residents. In fall 2022, WVU’s Morgantown campuses enrolled<br />

nearly 28,000 students. 2<br />

WVU Medicine, the affiliated academic medical system of West Virginia University, unites the clinical and<br />

research faculty of the West Virginia University Health Sciences Center with the hospitals, clinics, and health<br />

professionals of the West Virginia University Health System. Together, they are a national leader in patient<br />

safety and quality, they are unified and driven by a passion to provide the most advanced healthcare possible<br />

to the people of West Virginia and the world.<br />

3<br />

WVU Football - Milan Puskar Stadium<br />

WVU Medicine - Ruby Memorial Hospital<br />

SOURCES<br />

2 - https://www.wvu.edu/<br />

3 - https://wvumedicine.org/about/<br />

14 <strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


SHOPPING<br />

RESTAURANTS<br />

• Morgantown has a wide variety of big box retailers plus locally owned<br />

merchants. Find men, women and children’s clothing/accessory stores,<br />

housewares, hard goods, soft goods and more at local malls and shopping<br />

centers including the University Town Centre, Gateway, Suncrest Towne<br />

Centre, Pierpont Centre, Morgantown Mall, and Wesmon Plaza.<br />

• Choose from numerous supermarket options in Morgantown including<br />

Sam’s Club, Walmart Supercenter, Kroger, Aldi, Giant Eagle and local<br />

organic markets.<br />

• Throughout Morgantown, upscale and casual dining options coexist with<br />

neighborhood bistros, family-owned eateries, national chains and spirited<br />

pubs and tastes from around the world.<br />

• Top restaurants in Morgantown voted by locals include: Black Bear, Mario’s<br />

Fish Bowl, Iron Horse, Table 9, Sargasso. Other popular establishments<br />

include Stefano’s, Kegler’s, The Wine Bar, Crab Shack Cariba and<br />

Mountaineer Tap House.<br />

TRANSPORTATION<br />

ENTERTAINMENT<br />

• Mountain Line is the town’s bus service, and is free for faculty, staff and<br />

students with a valid WVU ID. The cost for non-WVU users is 75 cents per ride.<br />

The Mountain Line offers WVU specific routes, city/county routes and routes<br />

to Pittsburgh.<br />

• Morgantown offers access to a variety of taxi services and Uber and Lyft<br />

drivers as an alternate means of transportation.<br />

• Located only seven minutes from WVU Main campus, Morgantown<br />

Municipal Airport (MGW) currently offers daily flights to Baltimore-<br />

Washington International (BWI) in Maryland and Pittsburgh International<br />

Airport in Pennsylvania accessing nearly 1,000 connecting flights to<br />

domestic and international destinations.<br />

• Morgantown offers a variety of events and entertainment opportunities year<br />

round including WVU football games, WVU basketball games, baseball<br />

games at the new WV Black Bears ball park, live concerts and more.<br />

• A significant nightlife presence is concentrated in downtown Morgantown.<br />

Multiple bars offer evening happy hour drink and dinner specials, as well as<br />

nightly live music, karaoke, trivia and more.<br />

• Other entertainment options include a bowling alley, Regal movie theatre,<br />

golf courses, walking and biking nature trails, fishing and boating on Cheat<br />

Lake and more.<br />

BLACK DIAMOND REALTY<br />

15


DEMOGRAPHICS / KEY FACTS<br />

3 MILE RADIUS<br />

42,011 1,805 43,259 $44,682 $30,873 $44,682 -0.04% 24.9<br />

Total<br />

Population<br />

Businesses<br />

Daytime<br />

Population<br />

Median Home<br />

Value<br />

Per Capita<br />

Income<br />

Median<br />

Household<br />

Income<br />

2020-2023<br />

Pop Growth<br />

Rate<br />

Median Age<br />

KEY SPENDING FACTS<br />

$2,500<br />

$2,572<br />

$2,000<br />

$1,500<br />

$1,504<br />

$1,631<br />

$1,000<br />

$500<br />

$<strong>56</strong>2<br />

$600<br />

$0<br />

Travel Transportation Apparel Entertainment Furniture<br />

16 <strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


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

The vintage of the data is 2023, 2028. Spending facts are average annual dollar per household.<br />

5 MILE RADIUS 10 MILE RADIUS<br />

75,846 3,342 95,574 $239,724 109,204 3,931 119,545 $250,337<br />

Total<br />

Population<br />

Businesses<br />

Daytime<br />

Population<br />

Median Home<br />

Value<br />

Total<br />

Population<br />

Businesses<br />

Daytime<br />

Population<br />

Median Home<br />

Value<br />

$37,848 $53,831 0.20% 28.3 $41,550 $59,442 0.36% 32.3<br />

Per Capita<br />

Income<br />

Median<br />

Household<br />

Income<br />

2020-2023<br />

Pop Growth<br />

Rate<br />

Median Age<br />

Per Capita<br />

Income<br />

Median<br />

Household<br />

Income<br />

2020-2023<br />

Pop Growth<br />

Rate<br />

Median Age<br />

KEY SPENDING FACTS<br />

KEY SPENDING FACTS<br />

$3,066<br />

$3,000 $1,797 $3,000<br />

$2,019<br />

$2,073<br />

$2,000 $1,906<br />

$2,000<br />

$735<br />

$1,000 $666<br />

$707 $1,000<br />

$782<br />

$3,478<br />

8<br />

$0 $0<br />

Travel Transportation Apparel Entertainment Furniture<br />

Travel<br />

Transportation<br />

Apparel<br />

Entertainment<br />

Furniture<br />

BLACK DIAMOND REALTY<br />

17


Exterior Office Main Entrance.<br />

North (Front) of the Building and Parking Lot.<br />

Front Overhead Door.<br />

East (Front) and North Side of the Building<br />

18 <strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


North Side of the Building.<br />

Back (West) Side of the Building, Overhead Door.<br />

South Side of the Building, Loading Docks.<br />

South Side of the Building, Loading Docks.<br />

BLACK DIAMOND REALTY<br />

19


Aerial Facing Northwest.<br />

20 <strong>56</strong> DISTRIBUTOR DRIVE • INDUSTRIAL WAREHOUSE / OFFICE BUILDING • MORGANTOWN, WV


Aerial Facing Northwest.<br />

Aerial Facing Southwest.<br />

Aerial Facing East.<br />

BLACK DIAMOND REALTY<br />

21


CONTACT<br />

BLACK DIAMOND REALTY LLC<br />

1399 Stewartstown Road, Suite 150<br />

Morgantown, WV 26505<br />

P. 304.413.4350 | F. 304.599.3285<br />

BlackDiamondRealty.net<br />

PRIMARY CONTACT<br />

Kim Licciardi, CCIM, Senior Associate<br />

M. 304.685.0891<br />

klicciardi@blackdiamondrealty.net

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