This Krispy Kreme property presents a rare retail investment opportunity located in South Charleston, West Virginia. The asset features a brand new corporate guaranteed ground lease with Krispy Kreme Doughnut Corporation, providing an ideal management-free investment for passive investors. The property is an outparcel to the Dollar Tree and T.J. Maxx anchored Riverwalk Plaza and is positioned directly across from Park Place, a major 500,000 SF development featuring prominent tenants including Chick-fil-A, Kroger Marketplace, and Chipotle.
This location ranks in the 93rd percentile (21/316) of all Krispy Kreme locations nationwide according to Placer.AI data and serves as a distribution hub for the company's "Delivered Fresh" campaign for various stores in the area. The property benefits from excellent visibility and access at the entrance to Riverwalk Plaza on U.S. Highway 60, with strong demographics including more than 63,900 residents and 55,700 employees in the 5-mile trade area with an average household income of $86,272.