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  1. Did you know…Commercial real estate often outperforms the stock market over the long term?

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    Did you know commercial real estate often outperforms the stock market over the long term?

    Since real estate properties are tangible assets, they are inherently less risky than stocks and better equipped to weather economic downturns. Because of these factors, according to MorningStar, tangible assets like real estate have outperformed the Standard & Poor’s 500 (the stock market of the 500 largest companies in America) for the past 30 years (Due.com, n.d.).

    While both stock and real estate investing have their pros and cons, purchasing real estate can provide more stable returns and offer tax advantages. In fact, a Gallup poll from 2023 found that 34% of Americans think real estate is the best long-term investment, while only 18% say the same of stocks and mutual funds (Asis, 2023).

    Are you interested in getting started in commercial real estate? Check out a few Black Diamond Realty investment properties that would be a great addition to any investment portfolio below.

    West Virginia Investment Offerings:

    3313 4H Camp Road is a fully leased investment opportunity located along tranquil Booth Creek outside city limits in Morgantown. Originally built as a single-family residence, the property has since been redeveloped as a drug rehabilitation center and is fully leased to long -term tenant, Ascension Recovery Services.
    View the detailed marketing flyer for 3313 4H Camp Road

    900 Fairmont Road is a fully leased office investment opportunity in Morgantown. The property is conveniently located inside Morgantown and Westover city limits and within two miles of WVU’s downtown campus. The property is fully leased by Wise Path Recovery Centers.
    View the detailed marketing flyer for 900 Fairmont Road

    32 Baird Street is an impressive 12-unit student housing asset with one office at the doorstep to West Virginia University’s Downtown Campus. This turn-key, recently upgraded asset offers attractive in-unit amenities including a washer-dryer, patio/deck area, oversized closets, keyless entry doors and granite countertops.
    View the detailed marketing flyer for 32 Baird Street.

    300 Scott Avenue – This portfolio of four buildings on Scott Avenue in Morgantown includes a total of 22,122 (+/-) square feet of space outside of city limits. Three of the buildings consist of office space, and one is an 8-unit multifamily building.
    View the detailed marketing flyer for 300 Scott Avenue.

    705 Greenbag Road is a fully leased, two-story office building comprised of 3,020 (+/-) square feet. Currently occupied by Apex Physical Therapy, the property comes with a 15-year seller sale leaseback, ensuring long-term stability. The property is located outside the city limits of Morgantown roughly 2.9 miles from I-68, Exit 4 and 2.8 miles to downtown Morgantown and West Virginia University’s main campus.
    View the detailed marketing flyer for 705 Greenbag Road.

    440, 442 Williamsport Pike is a turn-key car wash located in a high-traffic area of rapidly growing Martinsburg, WV. Excellent visibility at the intersection of Routes 9 and 11 and prominent signage make this 7,667 (+/-) square foot offering a perfect generational investment or prime redevelopment opportunity for the right buyer.
    View the detailed marketing flyer f0r 440, 442 Williamsport Pike.

    213 Lincoln Street is a multifamily investment opportunity in Grafton that offers a total of five separate apartments across one 4,301 (+/-) square foot home. All units are fully leased, and off-street parking is available.
    View the detailed marketing flyer f0r 213 Lincoln Street.

    18 Cleveland Avenue is conveniently located within walking distance to WVU’s main campus and close to many Morgantown amenities. All 5 units are currently leased, including a warehouse/industrial/office space of 3,408 (+/-) square feet currently leased by the landlord. 18 Cleveland Avenue would make a great addition to an investment portfolio.
    View the detailed marketing flyer f0r 213 Lincoln Street.

    511 Grant Avenue is a two-story, seven-unit multifamily building grossing 9,120 square feet on 0.138 (+/-) acre. Each unit is approximately 800 (+/-) square feet. This offering is in an ideal location in downtown Morgantown and in the heart of WVU’s main campus.
    View the detailed marketing flyer for 511 Grant Avenue.

    200 West Creek Village is a mobile home investment opportunity in Morgantown is comprised of a 24-lot mobile home park on 12.88 acres. This property is conveniently and strategically located just a short drive from major routes, including Route 7 and I-68, and within close proximity to Sabraton-area shopping, downtown Morgantown, and WVU’s main campus.
    View the detailed marketing flyer for 200 West Creek Village.

     

    Pennsylvania Investment Offerings:

    100 Ridgeview Drive is comprised of one 10,800 (+/-) square foot multi-tenant building on 5.08 (+/-) acres. It includes six units, with three available for lease. This is a great opportunity for a commercial investor looking for property in a well-trafficked, easily accessible location or a business looking to lease a space in a developing, commercial area.
    View the detailed marketing flyer for 100 Ridgeview Drive.

    1023 Pittsburgh Street in Uniontown, PA includes two single-story office buildings on 3.76 acres. The buildings are comprised of 30,000 (+/-) square feet, 12,000 (+/-) square feet in Building 1 and 18,000 (+/-) square feet in Building 2. Features of this investment property include two off-street parking lots and a 24-hour emergency call system with central monitoring.
    View the detailed marketing flyer for 1023 Pittsburgh Street.

    1264 Pittsburgh Street is an investment opportunity in Uniontown, PA featuring a multi-tenant building, office space, and an auto sales car lot on nearly two acres. The property features expansive road frontage and an easily accessible paved parking lot.
    View the detailed marketing flyer for 1264, 1266, 1268 Pittsburgh Street.

     

     

    References

    Asis, A. (2023, November 23). Real estate vs. stocks: Which has higher returns? US News. Retrieved September 24, 2024, from https://money.usnews.com/investing/articles/real-estate-vs-stocks-which-has-higher-returns

    Due.com. (n.d.). Real assets outperform S&P 500 consistently. Nasdaq. https://www.nasdaq.com/articles/real-assets-outperform-sp-500-consistently

  2. Did you know…Build-to-Suit is a Type of Commercial Real Estate Lease Agreement

    Comments Off on Did you know…Build-to-Suit is a Type of Commercial Real Estate Lease Agreement

    Do you know what a “build-to-suit” opportunity on a commercial real estate property entails?

    Build-to-suit is a commercial real estate lease agreement in which the landowner agrees to construct a property according to the requirements of the lessee (ElGenaidi, 2021). A build-to-suit option can be a win-win for both the owner and the lessee. When the owner/developer builds the property for the lessee, they are guaranteeing immediate tenancy on the property, while the lessee is able to reduce their capital investment. Below are some of Black Diamond Realty’s offerings that are available with a build-to-suit option:

    Morgantown Industrial Park – Morgantown Industrial Park is strategically located between two interstates, offering high visibility, and caters to all industrial sectors, including manufacturing, distribution warehouse and general warehousing needs. Large pads (20 + acres) are available and there are for sale, lease and build-to-suit options. Morgantown Industrial Park could be the perfect location your business needs. View the marketing flyer at https://www.yumpu.com/en/document/view/67391782/morgantown-industrial-park-marketing-flyer-phase-i-ii.

    429 Grafton Road – This property is made up of 10.25 (+/-) acres of undeveloped land with a build-to-suit opportunity. Raised 8 – 10 feet off the ground above Route 119, this land boast superior visibility, and a future property will offer impressive views of the Mon River and surrounding landscape. View the marketing flyer at https://www.yumpu.com/en/document/read/59420089/route-119-commercial-land-marketing-flyer.

    Speedway Avenue Business Park – Speedway Business Park is a 23.7 (+/-) acre Fairmont industrial property with a build-to-suit opportunity. The impressive tract of land was once home to a vibrant manufacturing plant and is ready to be restored to its former glory. The land is cleared of trees and brush and ready for a new use. The entire property lies within the city of Fairmont and is zoned for industrial use. View the marketing flyer at https://www.yumpu.com/en/document/read/57185397/speedway-business-park-land-warehouse-marketing-flyer.

    Parcel 12 – White Oaks – Parcel 12 in White Oaks Business Park in Bridgeport is comprised of 1.57 acres of flat land, ready to develop, with a build-to-suit opportunity. The park has been designed in a modern campus-style with green space and outdoor areas and is centrally located along I-79. View the marketing flyer at https://www.yumpu.com/en/document/read/66580713/parcel-12-white-oaks-marketing-flyer.

    192 Pool Drive – 192 Pool Drive is a versatile 10.5 acres of land in Mount Clare, WV available as a build-to-suit opportunity. Located immediately along I-79 just off Exit 115 in Mount Clare, the property offers interstate visibility and easy access to major thoroughfares. It’s the perfect option for an industrial retailer looking for a high-traffic, highly visible, accessible location. View the marketing flyer at https://www.yumpu.com/en/document/read/68736580/192-pool-drive-marketing-flyer.

    1-3 Acres Triadelphia – This flat land is ready for development and offered as a build-to-suit opportunity. This Triadelphia offering boasts easy interstate access, excellent visibility and  benefits from its location in a bustling commercial area of Ohio County that includes a nearby Sheetz, a sports complex, an open-air shopping complex and many big box retailers. 1-3 Acres Triadelphia is a perfect home for a retail, restaurant or office building. View the marketing flyer at https://www.yumpu.com/en/document/view/62364511/118-303-acres-wheeling-marketing-flyer.

    We are the experts in commercial real estate, to speak to a specialized Associate, call 304.413.4350. Click HERE to visit us online.

     

    Did You Know: Build-to-Suit is a Type of CRE Lease Agreement from Black Diamond Realty on Vimeo.

    ElGenaidi, D. (2021, September 30). Is a Build-to-Suit Lease Right for You? Lev. Retrieved August 4, 2024, from https://www.lev.co/blog/build-to-suit-bts