Burger King, Fairmont
808 Fairmont Avenue
Fairmont, WV 26554
PROPERTY SOLD
Property: Investment Sales
Square Footage: +/- 3,731
Acreage: +/- .863
Price: $2,752,000
Cap Rate: 6.50%
Description:
- 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 1996 and remodeled in 2011 with above average store sales of $1.925 million in 2014
- Franchisee operator with 136 current units and over 30 years experience in the fast food industry
- Close proximity to downtown, Fairmont State University (4,600 students), Fairmont General Hospital (700 employees), Fairmont Field Club & Golf Course, Fairmont Municipal Airport and the I-79 Technology Park
- The I-79 Technology Park is currently a 400 acre 750,000 SF class A office and data center community with over 30 businesses and 1,500 employees – the Park has capacity for over 1.5 million SF of space and potential workforce over 10,000
- Traffic counts over 14,500 in front of propery and over 126,000 residents in a 15 mile radius


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile