Two Highly Visible 6,000 SF Flex ommercial uildings

David Lorenze, Principal Agent

Murphy Holloway, Agent

Ryan Smyth, Agent Phone: 304-413-4350

Black Diamond Realty LLC 6 Canyon Road, Suite 300 Morgantown, WV 26508 www.BlackDiamondRealty.net

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

Flex Commercial Buildings Greenbag Road - Morgantown, West Virginia

Two Highly Visible 6,000 SF Flex Commercial Buildings

Delivery Anticipated - Quarter 2, 2016 Lease Rate: $12.00psf, Gross Lease Structure







ASSET OVERVIEW:

Flex industrial space with highly visible road frontage along Greenbag Road in Morgantown, West Virginia. The average daily traffic count along this stretch of Greenbag Road was 10,512 in 2013. Potential users have the ability to add their own customized additions to the structure before construction commences. This will ensure that a facility is built to specifically handle the needs of your business. Both buildings come with the ability to subdivide to two, 3,000 square foot spaces, each with dedicated front of the house office space and one, 16’ overhead door for garage access and loading.

SPECIFICATIONS:

Two, 6,000 square foot flex industrial buildings

Vehicular access from Greenbag Road and Lucky Lane

49 total parking spaces including 2 handicap accessible spaces per building

24’ wide drive aisles for trucking mobility

18’ high at the building eaves

Metal siding exteriors

4’ high split-faced block veneer exteriors

Location and Overview







The site is designed to allow for optimum maneuverability when it comes to the shipping and receiving of goods. Each build-

ing has two designated loading docks with sufficient turnaround space. The site comes with ample parking for customers and

employees, with ease of vehicular access from both Greenbag Road and Luckey Lane. Future development is planned in the

adjacent lot.







City Aerial

3.3 miles to Exit 1 of Interstate 68

4.1 miles to the Interstate 68/79 interchange

which leads to points north and south

2.9 miles to Exit 4 of Interstate 68

2.3 miles to downtown Morgantown

The above aerial shows the site’s centralized location in Monongalia County. In addition to the 10,000+ cars

that traverse Greenbag Road every day, the site is within short driving distance to major thoroughfares and

downtown Morgantown. As of 2013, there were 74,085 people living within a 5-mile radius of the 26505

area code, which represents a 26.12 percent increase since 2000. The median income for this area is

$35,305, with an average income of $51,727.







Aerials

Aerial view of the site looking southwest Aerial view of the site looking north towards downtown

Morgantown







Site Plan & Exterior Renderings

The buildings will feature split-faced block veneer 4’ feet high from grade on the building’s front elevation, with the remain-

der of the exterior shell being comprised of metal siding. The roof will also be comprised of metal, with a height of 35’-6”

at the roof ridge and 18’ at the eaves.







Site Plan & Exterior Renderings

Each 6,000 sq. ft. building is being

constructed with the ability to be

subdivided into 3,000 sq. ft. Each

building will have four main doors,

and two overhead drive-in doors.

Each space has both a front and

rear access door for employee

use. The interior is customizable

to suit tenant’s needs.







Morgantown, WV—Growth & Projections

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. From 2008 to 2012, Morgantown, WV was featured in various media outlets. The

following is a compilation of that media coverage: https://www.youtube.com/watch?v=iAuO3R90oeY

The Morgantown MSA had an estimated 2013 population of 136,133. Over the next five years, estimates indicate 8,500 addi-tional residents will move into the area. Over the past ten years, Morgantown’s resident population increased ~17%.

Total employment in the Morgantown MSA is currently estimated at 67,300 jobs. In the past five years, Morgantown’s MSA has added 5,00 jobs.

Healthcare has led the way in job growth in recent years, driven heavily by expansion activity at WVU Hospitals and the Mon General Health System. Manufacturing and the consumer-driven sectors of retail, leisure, and hospitality have also added to growth in a significant way.

Marcellus Shale related jobs in West Virginia are projected to grow from 5,998 in 2010 to 16,863 in 2020.

Morgantown MSA’s median household income is $35,984.

National recognition: “#1 Small City in America” (Bizjournals.com, 2011). “5th Best Small Metro” (Forbes)

Documents

Two Highly Visible 6,000 SF Flex ommercial uildings