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490 Ragland Rd, Beckley, WV, 25801

FleetPride
$825,000

Key Information

Cap Rate
9.05%
$ per SF
$68
Year Built
2003
Term Remaining
±2.6 Yrs
Type
Industrial
NOI
$74,640
Leasable Area
12,000

Highlights

Strong Corporate Guarantee

  • FleetPride, Inc. is the largest independent distributor of heavy-duty truck and trailer parts in the United States, serving the commercial vehicle and transportation sectors through over 300 locations nationwide.

Central Appalachian Logistics Hub

  • Positioned in the heart of southern West Virginia’s industrial corridor, the property offers immediate access to Interstate 77 and Interstate 64, providing direct routes to Charleston, Roanoke, and key Appalachian logistics hubs. Beckley serves as a regional service center for transportation, energy, and construction industries, drawing consistent demand from contractors and fleet operators supporting nearby highway, mining, and infrastructure projects.

12+ Year Operating History

  • FleetPride has operated at this location since 2013 and has exercised multiple renewal options, demonstrating the site’s long-term importance to their operations and strong commitment to the market.

Value-Add Opportunity

  • The lease has approximately 2.6 years remaining with no renewal options, providing an investor the ability to capture upside by re-leasing or renewing at market rent levels to increase NOI.

Industrial NNN Lease

  • Tenant covers taxes, insurance, and common area maintenance, leaving the landlord with minimal ongoing responsibilities.

Photos

Location

Agents

Broker of Record

Brayden Conner

License # WVB250301071 (WV)
Matthews Real Estate Investment Services of WV, LLC
300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059