This property has sold.

Details: Retail

Asking Price: $10,220,000

Square Feet: 135,804 SF

Asking Cap Rate: 8.50%

Year Built: 1985

NOI: $868,626

SOLD – Fayette Square

Fayette Square, Fayette Landing, Oak Hill, WV

  • Fayette Square is the area’s leading pure play grocery center with the region’s most dominant mix of powerful national and regional retailers
  • Anchored by one of Kroger’s top performing stores across the region with sales of around $24 Million annually
  • Recent 5 year renewal by Kroger solidifies the asset for years to come
  • Geographic barriers to entry are high


  • Kroger remains the country’s top pure play grocer and dominates market share within the West Virginia market
  • Big Lot’s continues to be a strong performer in the discount sector with year over year sales growth of over 3% throughout the chain
  • Tenant lineup extremely resistant to online competition with an ideal mix of grocery, fitness, auto, discount retail, and financial tenants.


  • Strategically located central to the Fayette market off WV Highway 19
  • Fayette Square adjoins a former Kmart that is currently under re-development by Ne
  • River Health which plans to open a state of the art health care facility which will serve patients from over a 50 miles radius. The redevelopment will increase curb appeal and drive even more traffic to the center.

This property has sold.