301D Hurricane Creek Rd - Fast Food FOR SALE


Hurricane, WV 25526- Teays Valley/Hurricane
$1,146,369 USD
513-300-0763
301D Hurricane Creek Rd, Hurricane, WV for Sale
$1,146,369 USD
Fast Food - FOR SALE
1/2
null | 6.5% Cap Rate

301D Hurricane Creek Rd
Hurricane, WV 25526
Teays Valley/Hurricane


HIGHLIGHTS

  • Brand New 20-Year NNN Lease Upon close of escrow, the tenant will sign a brand new 20-yr absolute triple net lease, with no landlord responsibilities
  • Rental Increases The lease features seven-and-a-half percent (7.5%) increases every five (5) years, throughout the base term
  • Experienced Franchisee Ampex Brands operates around 400 units of KFC, Taco Bel, Tim Horton's, Long John Silver's, and 7-Eleven

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a KFC located at 301d Hurricane Creek Rd, Hurricane, WV 25526. The site consists of roughly 2,971 rentable square feet of building space on an estimated 0.89-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $74,514 and has scheduled increases of 7.50% every 5 years.

FOR SALE DETAILS

PRICE

$1,146,369 USD

PRICE/SF

$386 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,838 SF

ZONING

-

APN/PARCEL ID

06-18-00150006

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 Notice.