200 Tracy Way 20,000 SF 100% Leased Office Building Charleston, WV 25311 $3,500,000 ($175/SF)8.64% Cap Rate

INVESTMENT HIGHLIGHTS

• The property was completed renovated in 2014 by Highmark, the landlord spent approximately $400,000 in 2021 upgrading for the current tenant Coforge.

EXECUTIVE SUMMARY

Credit tenants,New 240,000KW back up generator ,Coforge 15,000sf,United Sates Veteran Administration 5000sf

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access	ANNUAL	ANNUAL PER SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Property Subtype

Medical

Building Size

20,000 SF

Building Class

A

Year Built

2002

Price

$3,500,000

Price Per SF

$175

Cap Rate

8.64%

NOI

$302,465

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

20,000 SF

Building FAR

0.16

Lot Size

2.85 AC

Zoning

Office - Commercial

Parking

135 Spaces (6.75 Spaces per 1,000 SF Leased)

AMENITIES

• 24 Hour Access
• Controlled Access

• Security System
• Signage

• Wheelchair Accessible
• Air Conditioning

• Fiber Optic Internet
• Smoke Detector

MAJOR TENANTS

Click Here to Access

• TENANT
• INDUSTRY
• SF OCCUPIED
• RENT/SF
• LEASE TYPE
• LEASE END

• Coforge
• Administrative and Support Services
• 99,999 SF
• $9.99
• Lorem Ipsum
• -

• US Vet Admin
• Administrative and Support Services
• 99,999 SF
• $9.99
• Lorem Ipsum
• -

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE		LEASE END
Coforge	Administrative and Support Services	99,999 SF	$9.99	Lorem Ipsum		-
US Vet Admin	Administrative and Support Services	99,999 SF	$9.99	Lorem Ipsum		-

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PROPERTY TAXES

Parcel Number	20-10- 50-0012.0000	Improvements Assessment	$1,205,260 (2024)
Land Assessment	$390,900 (2024)	Total Assessment	$1,596,160 (2024)