200 E Main St - Fast Food FOR SALE
Oak Hill, WV 25901 |
$2,295,652 USD
513-300-0763
200 E Main St
Oak Hill, WV 25901
HIGHLIGHTS
- The subject investment property is subject to an absolute triple net (NNN) lease, with zero landlord responsibilities. There are more than 18 years re
- The subject property is a strong performing store, with excellent unit level financials.
- This Wendy's property is run by an experienced operator, who has cultivated multiple years of experience operating several Wendy's locations.
OVERVIEW
Bang Realty is pleased to present the exclusive listing for a Wendy's located at 200 E Main St, Oak Hill, WV. The site consists of roughly 2,423 rentable square feet of building space on an estimated 0.56-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 5/31/2023. The current annual rent is $132,000 and has scheduled increases of 10.00% every 5 years.
FOR SALE DETAILS
PRICE
$2,295,652 USD
PRICE/SF
$701 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wendy's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.56 AC
LAND SF
24,394 SF
ZONING
-
APN/PARCEL ID
09-32-05070000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
513-300-0763
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
513-300-0763
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
