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1664 Pond Fork Rd
Madison, WV 25130

$1,332,360 USD

Office For Sale  •  9,407 SF

Property Details

  • Property Type Office
  • Total Building Size 9,407 SF
  • Lot Size 13.98 AC
  • Building Class C
  • Year Built 1981
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
8 Walk Score

Highlights

New 10 Year (8 Firm) Lease Renewal Commenced in June 2022 | GSA Lease (U.S. Government credit, AA+ S&P) – Mine Safety and Health Administration (MSHA)
$60,000 Recently Invested for New Roof Coating, New HVAC Units, New PVC Gutter Drains, All LED Lighting and an Electronic Door Lock
GSA Invested Over $163,000 in Tenant Improvements For Paint and Carpet Upgrades in 2022
2022 Restroom Renovations, Roof Repairs & Replaced an HVAC Unit
Strong Fit for Renewal & 10(8) Lease Allowed GSA to Accept This via AAAP, Expediting Procurement & Avoiding GSA’s Typical Ad & Survey LeaseAcquisition
Seller Financing Available at 5% Interest Rate for Part of the Purchase | ADA Approved Facility

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Mine Safety & Health Administration 6/20/2032

Public Transportation

AirportDriveWalkDistance
West Virginia International Yeager 57 min - 40.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
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