List Search

1000 New Stone Ridge Rd
Ripley, WV 25271

$2,315,000 USD

Medical For Sale  •  6,387 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,387 SF
  • Lot Size 1.3 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 6.25 %
  • Tenancy Single
20 Walk Score

Highlights

Long-Term (11.75 yrs. Left) Absolute NNN Lease with Corporately Backed, Single-Tenant Medical Necessity Location, Fresenius Medical Care
Investment Grade S&P “BBB-“ Tenant with Over 3,600 Locations Serving Approximately 300,000 Patients Worldwide
Recession/Internet Proof Essential Care Provider with Next Closest Dialysis Care Center 30 Miles Away
Annual Rental Increases Based for Continual Income Growth—Perfect Asset for 1031 Buyer! | No Management Responsibilities: Tenant Directly Responsible
Convenient Location Directly off of I-77, Surrounded by Other Medical(Jackson General Hospital Less 1 Mile), Retailers, Restaurants & Schools
Ideal Demographics with Average Household Incomes of Approximately $88,000 Within a 5-Mile Radius & 35,000 Vehicles Per Day at Interchange Exit

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Fresenius (S&B "BBB-") Medical Care 6,387 SF 1/1/2038

Amenities

  • Food Service
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
West Virginia International Yeager 61 min - 44.9 mi
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group