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3060 Ray Park Blvd, South Charleston, WV, 25303

Kroger

$7,000,000

Key Information

Cap Rate
5%
Tot. SF
122,910
Lot Size
8.92 Acres
Year Built
2026
Type
Retail

Highlights

• New 2026 Construction | +8.92 AC | Larger Store Model | Opened June 2026
• Leading Regional Store | Relocation Store | Part of Larger Master Development
• Consumer Demand – since opening in June 2026, this store’s sales performance has been consistently overperforming & is a leading location in the Mid-Atlantic Region for Kroger.
• Relocation Store – due to the immense historical demand in this region, Kroger recently relocated to this new, larger model to accommodate for the region’s incredible consumer demand.
• Park Place Master Development – Kroger is one of the first tenants to open in the new Park Place shopping area. Which will soon be home to major retailers including Menards, Chick-fil-A, Starbucks, Chipotle, 7 Brew, Ross Dress for Less, Barnes & Noble, Burlington, & many more.
• Part of West Virginia’s Largest Employment Hub in the Capital City – Charleston serves as the state’s largest city which includes the largest employment center in West Virginia, which is supported by employment bases such as the state government, Healthcare, Education, Manufacturing, & many others.
• Large Consumer Base & Regional Population – the Charleston MSA serves a regional population of more than 200,000 residents. Retailers in this area are serving a larger daytime population that spans across West Virginia.
• Minutes from Interstate 64, Interstate 77, & Interstate 79 – providing high daily traffic counts & overall connectivity throughout the state.
• “BBB” (S&P) Investment-Grade Credit Rating – Kroger bolsters an astounding “BBB” credit rating from S&P.
• Attractive New 20-Year Absolute NNN Ground Lease to The Kroger Co.

Photos

Location

Agents

Broker of Record

Brayden Conner

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