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1 Jain Dr
Cross Lanes, WV 25313
7.25% CAP NN Investment ~ Seller Motivated · Retail Property For Sale
PROPERTY FACTS
ABOUT 1 JAIN DR , CROSS LANES, WV 25313
7.25% CAP SINGLE-TENANT INVESTMENT PROPERTY ~ SELLER MOTIVATED!! MINIMAL LL RESPONSIBILITIES Worldwide Equipment property located at 1 Jain Drive in Cross Lanes, West Virginia 25313. The property consists of 47,700 square feet of building space and sits on approximately 4 ac. of land. Worldwide Equipment signed a new 6-year lease in April 2017. The base rent is $300,000 and the tenant has ten (10), one year renewal options. The Tenant is responsible for Real Estate Taxes, Assessments, Utilities, Insurance, Maintenance & Repair, Parking Lot, etc. Minimal LL Responsibilities include Roof, Structure/Exterior Walls & Foundation. Worldwide Equipment specializes in truck sales, leasing & rentals, repairs & service, and parts. Currently, Worldwide Equipment, Inc. operates in 6 states and has 35 locations including 15 full-service dealerships, 6 satellite parts stores, and 10 leasing locations. Worldwide currently employs over 1,000 employees, including some of the most extensively trained service technicians in the industry.
PROPERTY TAXES
| Parcel Number | 25-21-00690000 | Improvements Assessment | $1,004,160 |
| Land Assessment | $156,720 | Total Assessment | $1,160,880 |
PROPERTY TAXES
