Listed by Matthews
$2,033,104
FleetPride - Clarksburg, WV
Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 16,054
Cap Rate 7.25%
NOI $147,400
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Term 23.1
Lease Expiration 07/31/2031
Remaining Term 5
Rent Bumps Yes
Lease Options (2) 5-Year
Price per SqFt $127
Class B
Year Built 2009
Buildings 1
Acreage 1.770
Zoning I-2
Investment Type Net Lease
Lease Commencement 07/14/2008
Ground Lease No
Dock High Doors 1
Sale Condition N/A
7.25% Cap | FleetPride (±450 Locations) | Build-to-Suit Facility
Marketing description
After its merger with TruckPro in October 2025, FleetPride now operates at over ±450 locations nationwide.
The site was constructed in 2009 specifically for FleetPride and operates as a "Parts" and "Service" location.
The property comes with ±16,054 SF of building space on a ±1.77 AC paved/graveled lot, allowing for maximized functionality and efficiency for the tenant.
The facility is strategically positioned nearby the Interstate-79 (±54,900 VPD) and U.S. Highway 50 (±50,970 VPD).
Investment highlights
- HIGHLY FUNCTIONAL BUILD-TO-SUIT FACILITY: This ±16,054 SF facility is situated on a ±1.77-acre lot (±20.8% building/lot coverage), offering substantial paved and graveled yard space ideal for trucking operations. Originally constructed in 2009 for FleetPride, the property features six (6) grade-level doors and one (1) declined dock, delivering excellent operational efficiency, flexibility, and circulation for heavy-duty use.
- INDUSTRY LEADING TENANT WITH NATIONAL SCALE: FleetPride, Inc. is the nation’s largest independent distributor of heavy-duty truck and trailer parts, as well as a leading service provider. In October 2025, FleetPride merged with TruckPro, LLC, significantly enhancing its market position and operating platform. Following the merger, the company operates approximately 450 locations nationwide, including 110 service centers and six distribution centers—providing strong scale, geographic diversification, and long-term stability.
- DUAL-PURPOSE FLEETPRIDE LOCATION: This FleetPride facility operates as both a “Parts” and “Service” location, supporting a wide range of maintenance and repair solutions. The property functions as a comprehensive, one-stop shop, effectively capturing both retail and service demand.
- LONG TERM LEASE / MINIMAL LANDLORD RESPONSIBILITIES: FleetPride has over five (5) years remaining on its current lease, with two additional five-year renewal options. Each option includes 10% rental escalations, offering a strong hedge against inflation. The lease structure places responsibility for most property expenses—including taxes, insurance, and utilities—on the tenant, creating a highly passive investment profile for the landlord.
- STRATEGIC LOCATION WITH CONVENIENT ACCESS: The property benefits from a prime location near the intersection of Interstate-79 (±54,900 VPD) and U.S. Highway 50 (±50,970 VPD), providing excellent accessibility for heavy truck traffic and general consumers alike. Its proximity to I-79 offers direct connectivity to the Pittsburgh, PA MSA (±2.42 million residents) and the Charleston, WV MSA (±200,000 residents), enhancing regional reach and logistical efficiency.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,399.96
$12,283.33/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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