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Agents
  • Aaron Schulle
  • Adam Graham
  • Alex Wilson
  • Ally Tanghongs
  • Baron Johnson
  • Becky Thompson
  • Brett Lewis
  • Chris Beggins
  • Chris Hillman
  • Colton Rhodes
  • Corbin Blount, SIOR
  • George Tanghongs
  • Jarrett Huge
  • Jeremy Mojica
  • Jessica Reinhardt
  • John Anderson
  • Ken Wesson
  • Lauren Konen
  • Mark Graybill
  • Matthew Johnson
  • Nate Lenthall
  • Nathan Denton
  • Phillip Rosenfeld
  • RJ Flores
  • Reed A. Parker
  • Reid Bassinger
  • Schaefer Amos
  • Stephen Williamson
  • Susan Cancemi
  • Taylor Stell
  • Tom Walrich
  • Tomas Wilson
  • Trey Fricke
Availability Details

Healthcare Property for Sale - Medical Office - Weirton, West Virginia 49126 Calcutta-Smith Ferry Rd, Calcutta, OH and 314 Penco Rd, Weirton, WV

For Sale - INVESTMENT
Healthcare Property for Sale - 314 Penco Rd, Weirton, West Virginia, 26062 (1)Healthcare Property for Sale - 314 Penco Rd, Weirton, West Virginia, 26062 (2)
  • 5,000 SFAvailable Space
  • 5,000 SFDivisible Space
  • 0.630 AcresLand Size Acres
  • 27,443 SFLand Size SF

Available Comments

Lee & Associates is pleased to offer for sale the fee simple interest in 314 Penco Road, in Weirton, West Virginia and 49126 Calcutta Smith Ferry Road in East Liverpool, Ohio. Both are single tenant, single story medical office buildings leased to Lee Eye Center (www.leeeyecenter.com) and can be purchased as a portfolio. The Weirton Property is 5,000 square feet on a lot of .63 acres. The East Liverpool property is 2,900 Square feet on .47 acre lot. The original leases were 5 year Triple Net leases with approximately 1.5 years of term remaining on both. Tenant is responsible for all repairs and maintenance on the property, except for the roof, foundation and exterior walls. Tenant is also responsible for carrying building insurance and pays real estate taxes directly. Both buildings were built in 2012 and have been leased by Lee Eye Center since June of 2022. Lee Eye Center is a comprehensive family eye care center with five locations in Ohio, Pennsylvania and West Virginia. They have been in business since 2012, specializing in eye surgery services such as cataract surgery and laser vision correction, among others. The City of Weirton, West Virginia is located in the northern panhandle of West Virginia along the Ohio River close to both Ohio and Pennsylvania where the other offices are located. Weirton’s population is expected to be fairly stable over the next decade as the city’s industrial base transitions from heavy industrial manufacturing to advanced manufacturing. The median Household income in Weirton is $56,699 and is expected to increase slightly in the future. The City of East Liverpool, Ohio is located along the Ohio River close to both West Virginia and Pennsylvania where the other offices are located. East Liverpool’s population while smaller than Weirton, is also expected to be fairly stable over the next decade as the city transitions away from its historic pottery and ceramics industry to more tourism based businesses. The median Household income in Weirton is $34,064.

Availability Highlights

  • 49126 Calcutta-Smith Ferry Rd, Calcutta, OH and 314 Penco Rd, Weirton, WV
  • 2-Property Portfolio for Sale
  • Price: $2,850,000 ($360.76/SF)
  • Portfolio Size: 7,900 SF
  • Cap Rate: 7%
  • NOI $198,694
  • Remaining Term 1.5 Years

Eye Center 314 Penco Rd, Weirton, WV, 26062

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Site Details

  • APN Number: 15-06-W43H-0045.0000
  • Census: 20700
  • Legal: .712 ACRES KINGS CK (W S PENCO RD)

Building Details

  • Class: B
  • Construction Status: Existing
  • Primary Use: Healthcare
  • Year Built: 2012
  • Unit Mix

    Loading & Doors

    • Doors

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