197 Piercy Dr | Lewisburg, WV 24901
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- LoopNet Team
197 Piercy Dr
Lewisburg, WV 24901
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases | 1.50% Annually Starting Year 7
- Tenant / Guarantor: Legacy Apple III / Legacy Apple II (40+ Restaurants)
- Approximately 16.5 Years of Lease Term Remaining
- Four (4) Tenant Renewal Periods of Five (5) Years Each
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,748 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.20 AC
Zoning
RESTAURANT (321)
Parking
64 Spaces (13.48 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 10 1601020000 | Improvements Assessment | $323,940 |
| Land Assessment | $185,040 | Total Assessment | $508,980 |
PROPERTY TAXES
Parcel Number
10 1601020000
Land Assessment
$185,040
Improvements Assessment
$323,940
Total Assessment
$508,980
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