Burger King, Buckhannon

3 Clarksburg Road
Buckhannon, WV 26201

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 3,969

Acreage: +/- 1.005

Price: $2,295,000

Cap Rate: 6.75%

Description:

(In Contract)

  •   20 year absolute NNN lease with 7.5% rent bumps every 5 years and 4 renewal options of 5 years each
  • Existing location built in 1997 with a store remodel in 2007 and store sales over $1.42 million in 2013
  • 57 unit operator with over 30 years experience in the QSR industry
  • Perfectly located on the main commercial corridor (Hwy 20) with immediate access to US Hwy 33/119 (12,000 cars per day) and adjacent to Walmart
  • Other surrounding retailers and restaurants include Dollar Tree, Hibbett Sports, Rite Aid, CVS Pharmacy, Arby’s, Pizza Hut and many more
  • Located near WV Wesleyan College (1,400 students), Buckhannon Country Club (only private club in the county) and Riverbend Golf Club
  • Just a few miles from the 1,900 acre Four-Diamond rated Stonewall Resort and State Park, one of the state’s most popular tourist destinations
  • Buckhannon is the only incorporated city and county seat of Upshur County and home to the WV Strawberry Festival, one of the largest events in the state

Burger King, Buckhannon

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Contact

Joe Caputo
(214) 915-8890 - Mobile
joe@exp1031.com