2302 Jackson ave - Fast Food FOR SALE


Point Pleasant, WV 25550
$2,034,188 USD
305-308-2635
2302 Jackson ave, Point Pleasant, WV for Sale
$2,034,188 USD
Fast Food - FOR SALE
1/7

2302 Jackson ave
Point Pleasant, WV 25550


OVERVIEW

Introducing a brand-new 1,960 SF Taco Bell, on a nearly 1-acre lot, offering high visibility and prime access. The remainder of the original 7+ acre parcel will be developed by the current owner as a Grocery-Anchored Shopping Center. Fronting the main commercial corridor Jackson Avenue (13,730 AADT) surrounded by national retailers such as Exxon, AT&T, Wendy’s, Walgreens, and More. Walking distance from Rivers Health General Hospital (49-beds). This exceptional investment opportunity features a long-term, 25-year Triple Net (NNN) Lease with five 5-year renewal options and robust 7.5% rent increases every 5 years.

FOR SALE DETAILS

PRICE

$2,034,188 USD

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

13 1202840001

ASK ABOUT THIS PROPERTY

Debra FranklinMarcus & MillichapMore Info
305-308-2635

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Debra FranklinMarcus & MillichapMore Info
305-308-2635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.