311 Stanaford Rd - Retail FOR SALE


Beckley, WV 25801
$1,100,000 USD
513-300-0763
311 Stanaford Rd, Beckley, WV for Sale
$1,100,000 USD
Retail - FOR SALE
1/5
null | 7.5% Cap Rate

311 Stanaford Rd
Beckley, WV 25801


HIGHLIGHTS

  • Long Term Tenant (Since 1998)
  • Absolute NNN Lease
  • Prime Location in Beckley, WV
  • Attractive Local Economy

OVERVIEW

Bang Realty, Inc is pleased to present an exceptional investment opportunity -- a Flower Foods Bakery Outlet Store located in Beckley, West Virginia. Flower Foods, a leading producer of bakery products, has been a tenant at this location since 1998. Over the years, they have successfully executed four lease renewals, demonstrating their strong commitment to this property and the surrounding community. This lease is structured as an absolute NNN (Triple Net) lease. The current lease offers an additional five-year renewal option with a 5% rent increase upon exercising the option, ensuring a predictable and increasing revenue stream for the investor. The tenant has demonstrated long-term stability and a strong track record of performance at this location. Furthermore, the current landlord and tenant have recently invested nearly $20,000 in property improvements, further enhancing the value and condition of the property. This joint investment highlights the commitment of both parties to maintaining a high-quality, operational facility. Along with the tenant, Beckley, West Virginia, offers a unique investment opportunity with its growing economy, stable population, and strategic location in southern West Virginia. As a regional hub for retail, healthcare, and education, Beckley has seen consistent economic growth, attracting both residents and businesses. The city benefits from a central location along major highways, making it a key point of access for surrounding communities. With a lower cost of living and an increasingly diversified economy, Beckley continues to draw investment and development, making it an attractive area for long-term, stable returns. The local economy, coupled with the established presence of reliable tenants like Flower Foods, makes Beckley a solid choice for investors seeking steady growth and dependable income streams. This is a prime opportunity to invest in a well-established, low-maintenance property with a reliable tenant and a strong lease structure in a growing area of Beckley, West Virginia.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flowers Baking Company - Beckley, WV

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

41-01- 75-0004.0001

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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