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
